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Anand Rathi IPO: Here Is All You Need To Know

Anand Rathi IPO: Here Is All You Need To Know
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Anand Rathi Wealth IPO opens today: Should you subscribe?

Anand Rathi Wealth Ltd on Wednesday said it has raised Rs 194 crore from anchor investors, ahead of its initial share-sale on Thursday. ....

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Anand Rathi Wealth IPO: Price Band Set At Rs 530-550 Per Share. Check Details

Anand Rathi IPO will open on Dec 2. The three-day IPO will conclude on December 6. The initial share sale is entirely an offer for sale (OFS) of 1.2 crore equity shares by promoters and existing shareholders. ....

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Anand Rathi Wealth IPO to open on Dec 2; sets price band at Rs 530-550 per share - Jammu Kashmir Latest News | Tourism

NEW DELHI, Nov 30: Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, on Tuesday said it has fixed a price band of Rs 530-550 a share for its Rs 660-crore IPO, which will open for public subscription on December 2. The three-day initial public offering (IPO) will conclude on December 6, the company said. The initial share sale is entirely an offer for sale (OFS) of 1.2 crore equity shares by promoters and existing shareholders. The OFS […] ....

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CFPB issues another MLA consent order

CFPB issues another MLA consent order
On December 30, 2021 the Consumer Financial Protection Bureau (CFPB) issued a consent order with Omni Financial (Omni) for violations of the Military Lending Act (MLA) and the Electronic Funds Transfer Act. This is the second such action in recent weeks, as we blogged about here, which is in line with the bureau’s statement that it is investigating other MLA violations.
Under the MLA, someone is a covered borrower if they are an active member of the military, or a dependent of such person, at the time of becoming obligated on most consumer loans. There are exceptions for some products, such as motor vehicle purchase loans and residential loans. When a loan within the scope of the MLA is made to a covered borrower, there are, among other things, disclosure requirements, a 36% Military Annual Percentage Rate (MAPR) cap on the loan and specific contractual limitations such as: ....

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