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Sunday, September 30, 2018

Lakshmi Vilas Bank to raise around Rs 2000 cr via preference share sale

The Tamil Nadu-based mid-sized private sector lender Lakshmi Vilas Bank (LVB) is planning to raise around Rs 2,000 crore in fresh equity capital befo

from Business Line - Money & Banking https://ift.tt/2Ootskz
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Irdai allows PoS to distribute all micro-insurance products

A micro-insurance policy is a general or life insurance policy with a sum assured of Rs 50,000 or less.

from Banking/Finance-Industry-Economic Times https://ift.tt/2NdcYqO
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IRDAI allows distribution of all micro insurance products via PoS

Change in policy after Insurers’ plea

from Business Line - Money & Banking https://ift.tt/2OmSJM1
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Bandhan Bank may explore “inorganic opportunities” to reduce promoter stake

Bandhan Bank is open to exploring “inorganic opportunities” to pare down the promoters’ stake to the 40 per cent as mandated by the Reserve Bank of I

from Business Line - Money & Banking https://ift.tt/2NRwzSJ
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RBI restrictions not to impact business growth, says Bandhan Bank

Bandhan Bank on Saturday said the restrictions imposed by the Reserve Bank of India (RBI) on its branch expansion is not likely to impact its business growth.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2xNzUrU
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