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Moneycontrol was the first to report that Bajaj Housing Finance was looking to grab a valuation of around $9 billion to $10 billion through its IPO. ....
The Indian Venture and Alternate Capital Association (IVCA) lobby group has approached the government, concerned that the measure will impact the flow of funds to the startup sector, ET reported on Friday. The RBI had been keeping a close watch on these practices for the past several months and clamped down after investments rose sharply, said a person familiar with the details. ....
Banks and NBFCs would be “well-advised to strengthen their internal surveillance mechanisms, address the build-up of risks, if any, and institute suitable safeguards in their own interest,” RBI Governor Shaktikanta Das said ....