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ICICI Bank Mobilises $17.9 Billion Through RBI Foreign Currency Deposit Scheme

By Uniquetimesorg September 2, 2026 0

India’s ICICI Bank has mobilised around $17.88 billion through the Reserve Bank of India’s foreign currency non-resident deposit scheme as of August 31, 2026. The initiative is aimed at attracting overseas foreign-currency inflows and strengthening India’s foreign exchange position. Of the deposits raised, about $9 billion has been used for loans provided Continue Reading

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Blackstone Plans $1.26 Billion Knowledge REIT Stake Sale

By Uniquetimesorg August 29, 2026 0

Blackstone has proposed selling up to 25.03% of India’s Knowledge Realty Trust (Knowledge REIT) through an offer for sale, according to an exchange filing. The proposed transaction includes a base offer of 16.69%, with an additional 8.34% available if the issue is oversubscribed. The floor price has been set at ₹108 per unit, putting the […]Continue Reading

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India Bars Niva Bupa From Opening New Branches for Six Months

By Uniquetimesorg August 20, 2026 0

India’s insurance regulator has barred Niva Bupa Health Insurance from opening new places of business for six months after the insurer breached prescribed limits on management expenses during the 2024-25 financial year. The expenses include operating costs and commissions paid to agents and distributors. Niva Bupa, backed by UK-based healthcare group Bupa, said it complied Continue Reading

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RBI Examining Proposal for Polymer Banknotes, Says Governor Sanjay Malhotra

By Uniquetimesorg June 5, 2026 0

The Reserve Bank of India (RBI) is evaluating a proposal to introduce polymer banknotes, with Governor Sanjay Malhotra confirming that the idea is currently under consideration. Speaking during a post-monetary policy media interaction on Friday, Malhotra said recent reports about the RBI exploring polymer notes were partly accurate. However, he clarified that the proposal Continue Reading

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Fractal Analytics Sets IPO Price Band

By Uniquetimesorg February 4, 2026 0

Indian enterprise AI firm Fractal Analytics has announced a price band of ₹857–₹900 per share for its upcoming initial public offering (IPO), targeting a valuation of around ₹144.5 billion ($1.6 billion). The IPO will open for anchor investors on February 6, followed by retail investors from February 9 to February 11. The company aims to […]Continue Reading

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RBL Bank board approves plan to raise up to ₹6,500 crore via equity and debt

By uniquetimes June 28, 2024 0

On Thursday, June 27, RBL Bank announced that its board of directors has approved plans to raise capital through both equity and debt instruments. The board has sanctioned raising up to ₹3,500 crore via a Qualified Institutions Placement (QIP) by issuing equity shares. This fundraising will occur in one or more tranches and will represent […]Continue Reading

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Adani family plans to invest $1 billion in Adani Green Energy: Report

By uniquetimes December 23, 2023 0

Billionaire Gautam Adani, along with his family, is reportedly planning a substantial $1 billion investment in Adani Green Energy, as per sources from Bloomberg News. The proposed strategy involves the issuance of preferential shares to the founders of Adani Green, aimed at supporting the company’s expansion efforts and addressing refinancing needs. Adani Green Continue Reading