Jamie Dimon sees India as a fast-growing economy with bright future prospects. He believes consistent regulations and taxing policies will strengthen foreign investment. The RBI’s plan to raise dollars is viewed as appropriate for supporting the rupee. AI is a real investment, though its long-term revenue generation remains uncertain. Dimon supports transparency and good governance,…
Government may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay transactions are being phased out. No new subsidies have been paid for transactions since April 2025. This shift aims to make the payment ecosystem self-sustaining and reduce taxpayer burden. Incentive disbursements have significantly decreased in recent…
Bandhan Financial Services will reduce its stake in Bandhan Bank gradually. The promoter aims to comply with RBI regulations by 2030. Recent share sales occurred on the open market, lowering holdings. A proposed stock split will divide shares to attract retail investors. Shareholders will review this plan at the upcoming annual general meeting.
Investor enthusiasm surged on the final day of the National Stock Exchange’s landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve times. Retail interest was also robust, nearly doubling their intended allocation. The shares are set to debut on the BSE on September twenty-fourth, marking the end of a lengthy journey…