Category: BFSI
Astranova Mobility, India’s fastest-growing EV financing and asset-management platform, has announced that its lending subsidiary, NovaFusion Capital, has received approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC). Secured within just 90 days, the licence marks a significant step in Astranova’s evolution towards building a dedicated climate-financing platform. […]
Federal Bank today announced that Virat Sunil Diwanji has assumed charge as Executive Director on the Board of the Bank with effect from October 12, 2026. As recommended by the Board of the Bank, the Reserve Bank of India (RBI), vide its letter dated September 28, 2026, had approved his appointment as Executive Director for […]
Sunshine Pictures’ initial public offering (IPO) received an overwhelming response from investors, with the issue subscribed 105.81 times on the final day of bidding. The ₹282-crore IPO, which had a price band of ₹342 to ₹360 per share, saw strong demand across investor categories. The non-institutional investor (NII) portion was subscribed 197.04 times, while the […]
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