IDBI Bank has announced that the board of IDBI Bank has approved to divest its entire stake of 19.18% in Asset Reconstruction Company (India) Limited (ARCIL).
The former State Bank of India (SBI) chairman Rajnish Kumar has been appointed as an independent director of The Hongkong and Shanghai Banking Corporation (HSBC) Asia entity.
Flipkart-owned digital payments platform PhonePe has received an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI).
EXAMIANS