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.
3 years is the minimum retention period under the re-introduced Voluntary Retention Route (VRR) for investments by Foreign Portfolio Investors (FPIs) by RBI.
The Union Minister of Road Transport and Highways Nitin Gadkari and Bihar Chief Minister Nitish Kumar jointly inaugurated the 14.5-kilometre long 'Rail-cum-Road-Bridge' in Bihar.
EXAMIANS