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Kotak Mahindra Sonata finance: Kotak Bank acquires Sonata Finance for Rs 537 cr

Kotak Mahindra Bank announced the acquisition of NBFC Sonata Finance Pvt Ltd for Rs 537 crore. Sonata operates across 10 states through 549 branches, holding an Asset Under Management (AUM) of around Rs 2,620 crore as of December 31, 2023. The acquisition makes Sonata a wholly-owned subsidiary of Kotak Bank.

Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300

Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300
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Daiwa Securities : Notice on Investment in Ambit Finvest Private Limited -March 26, 2024 at 04:38 am EDT

Sontipur Lok Sabha seat: Congress LS poll nominee Premlal Ganju has Rs 1 lakh cash in hand

Premlal Ganju, the Congress candidate for the Sontipur Lok Sabha seat in Assam, has only Rs 1 lakh cash in hand and Rs 50,000 of his wife, according to an affidavit submitted to the Election Commission of India. The total movable assets under Ganju s name are valued at Rs 21,00,310, while his wife s is Rs 5,62,453.

REC To Finance Power & Infrastructure Projects In Rajasthan -

REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan, to finance projects across power and non-power infrastructure sectors. Under this agreement, REC Limited will provide loans of up to Rs 20,000 crores annually for the next six years…

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