Greenko Group founders are reducing their acquisition of Orix Corporation’s stake due to tightening credit markets. They now aim to raise $610 million to purchase 17.3% of the holding company, down from the initially planned $800 million for a 20% stake.
Banks, power finance and infrastructure to lead next leg of market rally: Pankaj Pandey
India’s banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according to ICICI Securities’ Pankaj