RBI’s New ‘Upper Layer’ Threshold Tightens The Noose On Tata Sons IPO

The Reserve Bank of India (RBI) has issued a revised framework for identifying Upper Layer Non-Banking Financial Companies (NBFC-ULs), stating that NBFCs with an asset size of Rs 1 lakh crore and above will automatically be classified in the Upper Layer category.The central bank’

Read More

  • Related Posts

    Why Banking Stocks Are Back In Focus: Bank Nifty Nears Record Highs As ICICI, SBI, And HDFC Lead Charge

    Banking stocks continued to attract strong investor interest on Thursday, with heavyweight lenders powering the Bank Nifty index higher and reinforcing the sector’s status as one of the biggest drivers of the current market rally.The Nifty Bank index rose 335 points, or 0.58%, to Read More

    Airline Stocks Soar; IndiGo Jumps 4.6% and SpiceJet Rallies 4% in Morning Trade

    Shares of India’s biggest airlines jumped during morning trade on Thursday, breaking a recent trend of slow and flat trading. The rise was led by the country’s largest airline, InterGlobe Aviation (IndiGo), and budget carrier SpiceJet Ltd., as big institutional investors rushed t Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *