The Reserve Bank of India (RBI) on January 31, 2024, had barred Paytm Payments Bank (PPBL) from opening new accounts, accepting deposits in pre-existing accounts and completing KYC processes due to some serious deficiencies. After this news came out, there…
Tag: RBI
RBI approves Burman family entities’ open offer to acquire 26% additional stake in REL
The Reserve Bank has approved the open offer of Burman family — the promoters of FMCG major Dabur — to acquire an additional 26% stake in NBFC firm Religare Enterprises Ltd (REL). The central bank also directed maintaining of the…