SMBC Yes Bank Deal : Japanese lender SMBC gets RBI approval to acquire up to 24.99% in Yes Bank, marking the largest cross-border investment in India’s banking sector; SBI, other banks to sell shares.
foreign investment
India Plans to Allow 20% Foreign Investment in Insurer Planning Nation’s Biggest IPO
India is considering a proposal for foreign investors to own as much as 20% in Life Insurance Corporation, according to a person with knowledge of the matter, which would enable them to participate in the nation’s biggest initial public offering.
Bond Yield Falls After RBI Hikes Foreign Investment Limit In Govt, Corporate Bonds
Bond Yield Falls After RBI Hikes Foreign Investment Limit In Govt, Corporate Bonds Yield on the 10-year government bond fell sharply to 7.15 percent after the …
Narendra Modi Wants a Bigger Global Role for India
Gold Silver Reports – Narendra Modi Wants a Bigger Global Role for India – Narendra Modi will become the first Indian prime minister in two decades to attend a meeting of the world’s rich and powerful in Davos, trying to carve out a bigger global role for the South Asian nation while convincing investors that his economic reforms back home are a success.