Page 6 - Master Direction News Today

Mahindra and Mahindra Financial Services said in a filing that its holding company will consider further investment in the bank subject to pricing, regulatory approvals and required procedures

Mahindra & Mahindra announced on Wednesday that it has acquired a 3.53 per cent stake in RBL Bank as an investment at a cost of Rs 417 crore.

Mahindra & Mahindra announced on Wednesday that it has acquired a 3.53 per cent stake in RBL Bank as an investment at a cost of Rs 417 crore."We may consider further investment subject to pricing, regulatory approvals and required ...

The current rules governing the Swiss Challenge process are lopsided, favouring the anchor bidder, and stymie the basic objective of value maximisation by the lenders of a stressed asset.This is the opinion of various banking and industry ...

Private sector DCB Bank on Wednesday said it has received RBI approval to sell up to 7.5 per cent stake in the bank to Tata Asset Management Private Limited (TAMPL).

The article provides a brief look at important orders passed by the NCLAT under the IBC during the period between June 1 and June 15, 2023.

RBI: Apex bank will communicate date of implementation separately

The Reserve Bank of India Digital Lending Guidelines appeared to prohibit any transfer of risk by an RE to a third party in relation to lending, and therefore led to some industry-wide confusion on whether REs could enter into Digital Lending Guidelines arrangements.

The RBI has given a relief to the UCB sector by extending the deadline of meeting Priority Sector Lending

The Companies Registry has published its updated guideline on compliance of anti-money laundering and counter-terrorist financing (AML/CFT)…