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The approval lets HDFC Bank buy stakes in ICICI Bank, IndusInd Bank, Yes Bank, Axis Bank, Bandhan Bank and Suryoday Small Finance Bank.
The approval is on behalf of the HDFC Bank group, including its asset management company, life insurance company and others, the company said.
هذه القصة مأخوذة من طبعة February 07, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 07, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Tobacco stocks struggle as costs rise, tax jitters grow
The tobacco industry is feeling the heat. Rising tobacco leaf prices have squeezed cigarette makers' margins over the past year, and experts anticipate little relief in the fourth quarter of FY25.
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Trump to sell 'gold cards' for $5 mn path to US citizenship
US President Donald Trump unveiled plans Tuesday to sell new \"gold card\" residency permits for a price of $5 million eachand said Russian oligarchs may be eligible.
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To turn the camera on yourself to tell the story is an act of defiance-the storyteller is the story, both birther and birthed.
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Strengthen statistics for a new era of data-driven governance
Reliable statistical insights were virtually non-existent when India was still establishing itself as a newly independent nation.
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India needs 1.2-1.5 tax buoyancy to achieve 6.5-7% growth: EY
India has to maintain a tax buoyancy in the range of 1.2-1.5 to achieve a growth of 6.5-7%, an EY report said on Wednesday. The report also said that the government may need to strengthen revenue mobilization, particularly by increasing the tax-to-GDP ratio,from the estimated 1.2% in FY26 (budget estimate) to 14% by FY31.
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Lenders warn of credit risk as EU eases ESG rules
The European Banking Federation (EBF) is warning that the sheer scale of a proposed rollback of the bloc's ESG rules will make it harder for lenders to analyse credit risk.
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I bought an under-construction house in September 2023 and made several payments toward it.
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Will RBI's revised rules aid NBFC credit flow?
The Reserve Bank of India (RBI)'s decision to ease rules on bank loans to non-banking financial companies (NBFCs) has been driven by a slowdown in credit flow to these entities, which have been facing a funding crunch amid systemic liquidity deficit and rising asset quality stress in small-ticket and microfinance loans, analysts said.