The Reserve Bank of India has issued guidelines regarding the Securitisation of Standard Assets. As per the guidelines, the minimum ticket size for the issuance of securitization notes will be Rs. 1 crore.
Mastercard names world chess champion Magnus Carlsen global brand ambassador and announces partnership with Meltwater Champions Chess Tour as part of its Priceless Experiences launch for chess enthusiasts.
State-run Hindustan Aeronautics Limited (HAL) has signed a pact with Alliance Air to supply two of its Do-228 aircraft for deployment in Arunachal Pradesh.