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The Reserve Bank of India has granted AU Small Finance Bank a universal banking license, the first in a decade, potentially paving the way for other small finance banks to transition. AU Bank met the RBI's stringent criteria, including minimum net worth, capital adequacy, and asset quality.
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News and Media
Knowledge Realty Trust REIT, co-sponsored by Sattva Group and Blackstone, received over 13 times subscription, making it Indias largest and most subscribed REIT IPO. Institutional and retail interest highlighted growing confidence in Indias commercial real estate sector.
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News and Media
Rates are now at their lowest since March 2023 even though inflation is well above target.
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News and Media
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