Sebi cracks down on Rajesh Exports, alleging extensive financial irregularities and non-cooperation. The market regulator’s interim order restricts Rajesh Mehta and appoints a new forensic auditor.
Sebi’s investigation reveals prima facie evidence of financial irregularities at Rajesh Exports, with allegations of overstated revenues and non-cooperation during the investigation. Learn more about the market impact and what’s next for the company.
State Bank of India confirms second M&A financing transaction, with a dedicated team and systems in place. Market expects rate pause due to growth and inflation trends. SBI AMC IPO pending SEBI approval.
The Central Board of Secondary Education (CBSE) has successfully thwarted a massive 3.8 million-packet denial-of-service (DoS) attack on its website, while receiving over 56,000 applications for verification and re-evaluation. Learn more about the cyberattack, payment gateways, and application process.
State Bank of India (SBI) is gearing up to finance its second merger and acquisition transaction in the current year, following the completion of its first deal. The bank’s M&A financing strategy is expected to have a significant impact on its expansion plans and market presence.
State Bank of India (SBI) is set to finance its second merger and acquisition transaction in the current year, while the Reserve Bank of India (RBI) is expected to hold rates, impacting the Indian economy. SBI’s M&A financing plans and the RBI’s rate decision will have significant implications for the banking sector and investors.
SoftBank’s block deal in Lenskart shares highlights the growing interest in the Indian retail sector. Lenskart’s differentiated business model, strong store economics, and expansion beyond India make it an attractive investment opportunity for institutional investors.
Karnataka Bank has integrated its internet banking platform with the Employees’ Provident Fund Organization (EPFO) payment portal, enabling seamless and fully digital payment of provident fund contributions for EPFO members and establishments. This integration offers several benefits, including faster processing, real-time validation, and instant transaction confirmation, setting a new standard for digital payment solutions in the banking industry.
The Reserve Bank of India’s upcoming monetary policy decision is expected to have a significant impact on the country’s economic growth. Experts predict a rate pause to support stability, with SBI Chairman C.S. Setty stating that a pause will help stabilise economic growth rates.
The Reserve Bank of India (RBI) is set to make a crucial decision on interest rates, with its rate-setting panel starting deliberations on Wednesday. Experts predict the central bank may leave the key policy rate unchanged at 5.25 per cent. The RBI’s rate decision is expected to have a significant impact on the country’s economy, with many experts weighing in on the potential effects on inflation, growth, and the real estate sector.
