The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services.
India Business News: Aadhar Housing Finance, backed by Blackstone, is launching an initial public offering (IPO) worth Rs 3,000 crore. You can subscribe to the IPO from May 8, and the price band has been fixed between Rs 300 and Rs 315.
"The approvals were granted pursuant to applications made by HDFC Bank (as a promoter/sponsor of the Group) to the RBI on December 18, 2023,” the bank said.
Capital Small Finance has received Sebi s approval for its proposed IPO, which consists of a fresh issue of ₹450 crore and an offer for sale of up to 2,412,685 equity shares.
BLS E-Services, a subsidiary of BLS International, runs a web-enabled services portal to access various services provided by the government and service partners. The company claims to provide end-to-end integrated solutions to various services availed through this portal.