Governor, RBI: Matters such as fixing limits on unsecured exposures are left to the Boards of banks and NBFCs. It has, however, been observed by our supervisory teams that some entities have fixed very high ceilings, even where they already have a high exposure
It has been estimated that if India can grow at the rate of 9.6 per cent per annum over the next ten years, it will break free of the shackles of the lower middle income trap and become a developed economy
Auditors also have the responsibility of ensuring that entities provide appropriate qualitative information related to governance and control mechanisms: Deputy Governor, RBI
Approach towards taxation to be in mode of collaboration and not confrontation: Revenue Secretary
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Price Band fixed at Rs646 to Rs679 per equity share of face value of Rs2 each
The company is also gearing up to file its IPO Draft Red Herring Prospectus (DRHP) in the last quarter of the year, setting the stage for further fundraising to support its ambitious growth plans
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DBS Bank’s Pivotal Study Reveals interesting findings
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