Indian banks

RBI To Banks: Limit Ownership Stake In Insurers At 20%!

The Reserve Bank of India wants banks to limit their ownership in insurance companies! According to three sources in the know, RBI has unofficially directed Indian banks to cap their maximum threshold limit for holding ownership in capital intensive insurance...

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Flipkart Acquires 100% Stake In Cleartrip To Diversify Its Offerings!

In a bid to increase the diversification of its offerings, Flipkart is all set to acquire a 100% stake...