In a letter to Finance Minister Nirmala Sitharaman on Wednesday, the All India Bank Employees Association (AIBEA) said the approach of merger of the Tamil Nadu-based lender with Indian subsidiary of a Singapore-based bank is opposite to the policy of Aatmanirbhar Bharat professed by the
A court here on Thursday rejected the Enforcement Directorate's plea seeking to intervene in the hearing on a closure report of Mumbai Police in the alleged Rs 25,000 crore Maharashtra State Co-operative Bank scam.
The point of sale (PoS) business now contributes to 25 per cent of the annualised transaction value, according to a statement.
"We are refusing the interim relief sought by the petitioners to stay the amalgamation. The petitions shall be placed for hearing on December 14 when the respondents (Reserve Bank of India, LVB and DBS Bank India) shall file their affidavits in reply," the court said.
The funds raised from the event will go towards setting up a second Udbhav RBL School for girl child education.
Pandemic woos new shoppers from small cities, offline retail slump helps e-commerce, the report said.
The move comes at a time when Paytm is trying to pivot into a full-fledged financial services player.
In a regulatory filing disclosing the development, FRL said,"
The Hobby Tribe (edtech), Hesa (fintech), Indian Institute of Drones (edtech), Last Moment Tuitions (edtech), Kourier Sprint (supply chain), OrganicShala (foodtech), TROS (retail industry), Dr Maddy Brown (healthcare), Iscicle (food tech) and Health Saarthi (health tech) are some of the startups who got the funds