Friday, August 31, 2018

IDBI Bank approves issuance preference shares to LIC

IDBI Bank approves issuance preference shares to LIC At present, insurance behemoth LIC holds 7.98 percent stake in the public sector bank.

from Moneycontrol Business News https://ift.tt/2orkhB2

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RBI holds repo rate, flags supply chain risks to inflation & growth

The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions imp...