The takeover process shall primarily involve a thorough review of the target NBFC's documentation by the Acquirer. Upon the Acquirer's approval of the acquisition, a Memorandum of Understanding (MoU) will be executed, accompanied by a token consideration.
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Let's explore why financial literacy is not just important, but absolutely essential for Gen Z, and how we can collectively work toward building financially empowered youth.
The Reserve Bank of India (RBI) has announced a major compliance relief for minor violations under the Foreign Exchange Management Act (FEMA).
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In a decisive regulatory move, the Reserve Bank of India (RBI) has instructed Indian companies with unresolved issues in their past Overseas Direct Investment (ODI) transactions to settle such cases by August 25, 2025.
Mark Twain said, "Success is a journey, not a destination. It requires constant effort, vigilance and re-evaluation."
The Banking Laws (Amendment) Act, 2025 promises more options for depositors with new nomination rules.
In a surprise move, the Reserve Bank of India (RBI) has reduced the repo rate by 50 basis points (bps), bringing it down to 5.50%.
The MPC of the Reserve Bank of India made some important decisions regarding the country's monetary policy.