financial regulations

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    RBI Approves SBI Mutual Fund’s 9.99% Stake Acquisition in Bandhan Bank

    Kolkata, February 26: The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing made on Thursday.Bandhan Bank informed the stock exchanges that the central bank, through a...
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    SEBI Revamps Mutual Fund Classification Framework, Introduces Life Cycle Funds and Tightens Disclosure Norms

    New Delhi, February 26: The Securities and Exchange Board of India has unveiled a comprehensive overhaul of the mutual fund classification framework, introducing a new category of Life Cycle Funds, discontinuing Solution Oriented Schemes, and tightening disclosure as well as portfolio overlap...
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    Aditya Infotech Shares in Focus as Promoters, Dixon Technologies Plan ₹1,000 Crore Block Deal

    Shares of Aditya Infotech Ltd are set to remain in focus on Wednesday after sources indicated that the company’s promoters, along with Dixon Technologies, are likely to divest up to a 5.8 percent stake through a block deal estimated at around ₹1,000 crore.Block Deal Details and Likely Discount...
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    SEBI to Review Portfolio Management Services Regulations, Says Chairman Tuhin Kanta Pandey

    Mumbai, February 23: The Securities and Exchange Board of India has announced a comprehensive review of the regulatory framework governing Portfolio Management Services. SEBI Chairman Tuhin Kanta Pandey said the regulator will reassess the SEBI Portfolio Managers Regulations, 2020 to ensure they...
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