CCI clears RCB parent acquisition, approves three other transactions
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CCI clears RCB parent acquisition, approves three other transactions
New Delhi [India], July 1 (ANI): The Competition Commission of India (CCI) on Wednesday approved four separate deals, including the proposed acquisition of Indian Premier League (IPL) franchise Royal Challengers Bengaluru's parent company, investments in fintech firm KreditBee, a highways infrastru»»»
Svatantra Microfin acquires Chaitanya India Fin; becomes 2nd largest NBFC-MFI
Svatantra Microfin has successfully merged with Chaitanya India Fin Credit and Svatantra Holding, solidifying its position as India's second-largest NBFC-MFI. This strategic move, approved by the NCLT, creates a combined entity managing approximately Rs 22,000 crore in Assets Under Management. Svat»»»
RBI OKs SMBC buying 25% stake in Yes Bank
MUMBAI: The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% in Yes Bank's paid-up share capital and voting rights, a move that would make the Japanese lender the largest shareholder, ahead of SBI. The approval, issued on Aug 22 and valid f»»»
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