RBI proposes easing bank stakes for institutional investors
The proposal allows a one-time approval for up to 10% stake for further acquisitions, easing regulatory compliance for significant investors.
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The proposal allows a one-time approval for up to 10% stake for further acquisitions, easing regulatory compliance for significant investors.
The Ministry of Agriculture released a draft notification for public comment; a final ban could follow within 30 days.
The warning letter cited Informed Consent Form issues in a bioequivalence study, but no data integrity concerns were found.
Sensex and Nifty declined 0.8% and 0.7%, wiping out Rs 3 lakh crore from market capitalization.
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Citigroup shares fell 4.3% after CEO Jane Fraser indicated the bank may accelerate job cuts, aiming to streamline operations ...
Chief Executive Officer Jane Fraser said that executives believe the bank can hit its return targets and its additional investments can provide more sustainable profits.
Citigroup posted $5.9B in Q2 markets revenue, up 16% YoY, while its 2026 crypto custody launch signals a serious institutional digital asset push.
Goldman Sachs (NYSE:GS) reported a sharp increase in second-quarter profit as stronger investment banking activity and record ...
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