Equitas Small Finance Bank has raised Rs 550 crore in total from the government of Singapore, Singapore's central bank (Monetary Authority of Singapore) and a host of local mutual funds in the qualified institutional placement of equities.
The SBI Research Report, Ecowrap, has revised downwards the GDP growth rate of India for FY22 to 8.8 percent. Earlier this was estimated at 9.3 percent.
The FICCI's Committee Against Smuggling and Counterfeiting Activities Destroying the Economy has taken the initiative to launch Anti-Smuggling Day, which will be marked on 11 February every year.