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.
Hindustan Petroleum Corporation Limited (HPCL) is partnering with ICICI Bank, which will allow customers to use their ICICI Bank FASTag to pay for fuel and lubricants at HPCL retail outlets.
EXAMIANS