RBI raises IPO financing limit to ₹25L per investor
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The Reserve Bank of India (RBI) has increased the limit for Initial Public Offering (IPO) financing from 10 lakh to 25 lakh per investor.
banking
RBI proposes risk-based deposit insurance premium structure for banks
The Reserve Bank of India (RBI) has proposed a shift from a flat-rate to a risk-based deposit insurance premium structure.
Mumbai Bank Launches 0% Interest Loans For Women Recipients Of Ladki Bahin Scheme; BJP Leader Pravin Darekar Supports Initiative
Under BJP leader Pravin Darekar, Mumbai Bank has launched zero percent interest loans for women recipients of the Chief Minister Ladki Bahin Yojana, coinciding with the rollout of QR code…
UK banks forge ‘digital sterling’ in landmark tokenization pilot
U. K. banks are commencing a live pilot phase for tokenized sterling deposits, a move that represents a concrete step toward modernizing the core infrastructure of the United Kingdoms financial…
Maharashtra News: CBI Initiates Probe Against Pune Firm For ₹16 Crore SBI Fraud
The Central Bureau of Investigation (CBI) has initiated a probe against a private firm for allegedly causing loss of over Rs 16 crore to the State Bank of India.
78-year-old former banker loses Rs 23 crore after being under `digital arrest`
The man was confined to his home and was allowed to go out only to visit banks and transfer funds to the scammers, who posed as officers from the Enforcement…