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Aditya Birla Sun Life AMC Ltd | Stake sale buzz in Aditya Birla Sun Life AMC to over minimum public shareholding norms

According to media reports, Aditya Birla Capital will lower its stake in the fund house to 45 per cent, while Sun Life AMC could trim it down to 30 per cent. While the former currently owns a 49.99 per cent stake, Sun Life (India) AMC Investments has a 36.48 per cent stake ....

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NBFCs Should Seek Alternate Fundraising Options Other Than Banks Report

According to the report released by the Reserve Bank of India (RBI), the Indian banking system and NBFCs remain resilient and sound backed by a high capital adequacy ratio, , Non-Banking Financial Companies (NBFCs), Reserve Bank of India (RBI), banks ....

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Reserve Bank of India (RBI) | Penal charges in loan accounts: Reserve Bank of India gives three more months to banks, NBFCs to implement modified norms

However, considering that certain clarifications and additional time has been sought by some regulated entities (REs) to reconfigure their internal systems and operationalize the circular, it has been decided to extend the timeline for implementation of the instructions by three months: RBI ....

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Sebi May Allow AIFs To Pledge Shares In Investee Firms

Sebi wants to allow pledging for legitimate purposes, particularly in cases such as infrastructure, , Alternative Investment Fund (AIF), reserve bank of india, Non-Banking Financial Companies (NBFCs), banks ....

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