The base bid price indicates a minimum recovery rate of 5.04%, with the lender seeking bids on a 100% cash basis. In a bid document uploaded on the bank website, the lender indicated no collateral ...

RBL Bank has divested its entire 8.16% stake in DAM Capital Advisors through an offer for sale (OFS) during the latter's initial public offering (IPO), which was open from December 19-23, 2024. The ...

That leaves it in line with the interest on reserve balances rate of 4.40%, an indication that bank year-end balance-sheet constraints are starting drive up the cost of overnight funding.

RBL Bank has sold its entire 8.16 per cent stake in DAM Capital Advisors Limited through an offer for sale (OFS) after the latter’s initial public offering (IPO), held from December 19 to 23, 2024.

Mahindra Tractors has teamed up with Punjab National Bank to offer up to Rs 5 crore in Channel Finance, improving working capital and inventory management for its dealers. Mahindra Tractors and PNB ...

Mahindra Tractors has signed an MoU with Punjab National Bank to provide dealers with customised financial solutions. This partnership will help dealers manage working capital, streamline ...

Mahindra Tractors, a part of the Mahindra & Mahindra Ltd.’s Farm Equipment Sector, has announced the signing of a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) to provide ...

Mahindra Tractors, part of Mahindra & Mahindra Ltd.'s Farm Equipment Sector, has signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) to offer Channel Finance solutions to ...

Tax consultant Bob Lyddon said the creation of a Contingent Non-Bank Financial Repo Facility (CNRF) — designed to ease cashflow to non-bank financial institutions during a downturn — showed ...

About 300 decorated tractors are set to take part in a festive parade through Leicestershire. The annual Archers Festive Tractor run will return for the fifth time on Sunday. The convoy will set ...