Sumitomo Mitsui, 4 others sought info on IDBI stake https://ift.tt/fCiXlGj Bank's sale process kicked off when a preliminary information memorandum was issued by the finance ministry on October 7. The government of India and Life Insurance Corporation of India (LIC) are jointly selling 60.72% equity in the bank.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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