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RBI urges banks to maintain normal business operations for government transactions

The Reserve Bank of India (RBI) has issued an advisory to all banks handling government transactions, instructing them to remain open on March 31, 2025, a public holiday, to ensure that government transactions are completed. The move is aimed at ensuring that all...

The Bank of Maharashtra has announced plans to issue bonds, with market insiders citing interest from several financial institutions, according to reports from TradingView News.

India’s Bank of Maharashtra, a state-run lender, has accepted bids worth 16.12 billion rupees ($185.7 million) for its infrastructure bonds maturing in 10 years. The bonds will pay an annual coupon of 7.70% to the investors. The bank received coupon and...