Hinduja sole bidder for Reliance Capital with ₹9,650 cr offer https://ift.tt/DIgcPCQ Investments and Oaktree Capital didn't submit bids, although they had indicated earlier that they would participate in the process, the people said.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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