Tag: Net Worth

RBI’s three-day VRRR auction too falls short

EconomyJuly 15, 2025

Mumbai: The Reserve Bank of India's (RBI) liquidity draining operation saw muted response from banks, leading to under-subscription in the second such auction in a row. The three-day variable rate reverse repo (VRRR) auction was...

Sino Biopharma spends $951m to acquire China-based LaNova Medicines

MarketJuly 15, 2025

Hong Kong-listed Sino Biopharmaceutical will acquire China-based oncology specialist LaNova Medicines in a deal that will not exceed $951m, representing one of the largest transactions within the Asia-Pacific pharmaceutical...

Sebi proposes tighter regulations for custodians

StocksNovember 13, 2024

India's markets regulator on Wednesday proposed changes to the regulatory framework for custodians, including doubling their minimum net worth requirement.Custodians provide services such...