Addressing the 29th Meeting of the Standing Advisory Committee (SAC) to review the flow of credit to the Micro, Small and Medium Enterprises (MSME) sector in Ahmedabad, the DG said small businesses play a pivotal role in India’s economic development.
According to the block deal data on the National Stock Exchange (NSE), Wells Fargo, through its affiliate Wells Fargo Emerging Markets Equity CIT, offloaded 26.55 lakh shares of Kolkata-based ITC.
Shares of RBL Bank Ltd ended at ₹155.20, down by ₹3.10, or 1.96%, on the BSE.
SEBI’s extension now gives fund houses until the end of March to meet this compliance requirement.
Shares of Uno Minda ended 0.3% higher today on the BSE at a price of ₹828.00.
Tata Capital’s board last week approved the listing of as many as 230 million shares, along with an offer for sale of equity by existing shareholders. It also announced a rights issue of as much as 15.04 billion rupees ($172 million).
The agreement with TCM Limited was originally signed on February 15, 2008. Shares of Godrej Properties Ltd ended at ₹1,994.75, up by ₹58.55, or 3.02%, on the BSE.
Intellect is now one of the largest technology providers to the Canadian financial services industry, having more than 170 credit unions and banks as clients. Shares of Intellect Design Arena Ltd ended at ₹647.60, down by ₹17.95, or 2.70%, on the BSE.
The appointments come amid RBL Bank’s broader transformation strategy, with MD & CEO R. Subramaniakumar stating that the new appointments will help accelerate execution in key business areas.
This has widened the scope of participants who can acquire security receipts from ARCs, thereby boosting liquidity in the distressed asset market.
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