Bank of America sold 18 lakh shares of Tilaknagar Industries to Societe Generale via a block deal at Rs 338.65 per share. Both were existing shareholders in the company. This sale slightly reduced BofA’s stake in Tilaknagar.
FM Nirmala Sitharaman flags mis-selling of insurance, calls for collateral free loans to MSMEs
Indian Finance Minister Nirmala Sitharaman raised concerns about insurance mis-selling, emphasizing its contribution to higher borrowing costs for customers. She urged banks to focus on