As part of its capital management strategy, AESL raised financing at competitive terms through MUFG Bank Ltd, the sole lender for the transaction.
Business
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Business
Existing customers will get uninterrupted services: Kotak Mahindra Bank after RBI directive
Investigations revealed a lack of operational resilience stemming from the failure of Kotak Mahindra Bank to develop IT systems and controls commensurate with its expansion.
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BusinessTop Stories
RBI bars Kotak Mahindra Bank from onboarding new customers, issuing credit cards
Kotak Mahindra Bank is permitted to continue serving its existing customer base, including those with credit cards.
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BusinessTop Stories
IndiGo now world’s 3rd largest airline by market cap as share soars to record high
UBS reaffirmed its “buy” recommendation on the IndiGo stock in late March, citing strong growth prospects for the Indian aviation industry.
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Surinder Chawla is set to be relieved from his duties at Paytm Payments Bank effective close of business hours on June 26, 2024, unless otherwise mutually agreed upon.
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A spokesperson from Paytm acknowledged the possibility of performance-based layoffs during the ongoing appraisal cycle but refrained from disclosing specific figures.
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Currently, it stands at $65,045, marking a 4 percent increase. Bitcoin’s previous record high was $68,999.99 in November 2021.
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Scrutinizing the documentation at hand, FIU-IND issued a compliance Show Cause Notice to Paytm Payments Bank Ltd.
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The approval and launch of spot Bitcoin ETFs this year have opened up the cryptocurrency asset class to a broader range of investors
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Breaking NewsBusiness
Byju’s shareholders vote to oust CEO amid ‘whistles’, ‘loud noises’ by employees to disrupt meeting
Byju’s contested the resolutions, which also aimed to oust Byju Raveendran from the board of the company he established in 2015.