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Govt seeks merchant bankers for selling equity in public sector banks financial institutions

by AIP Online Bureau | Feb 24, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

As per the RFP (request for proposal) floated by DIPAM, the merchant bankers would be empanelled for a period of three years (further extendable by 1 year) and they would advise the government on the timing and the modalities of the transaction for dilution of equity...

RE-INVEST 2024: Pralhad Joshi says Rs 32.45 lakh cr finance pledged for renewables sector

by AIP Online Bureau | Sep 16, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy, Technology

Addressing the inaugural session of the 4th RE-INVEST 2024, Joshi said, “we have received overwhelming commitments from the states and UTs as well as from developers, manufacturers and financial institutions to support our goal of 500 GW by 2030.” Gandhinagar: Union...

Cyber fraud victims should be immediately compensated by financial institutions: Parliamentary panel

by AIP Online Bureau | Aug 2, 2023 | Banking & Bancassurance, Indian News, Risk Management, Technology

“What we have suggested is if the consumer files a complaint that they have been the victim of cyber crime fraud, then they should automatically get the money back into their accounts. Up to a certain limit of course. The onus should be on the financial institutions...

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