The exchange also allows some of its employees to work from home
Public shareholders have Rs 8,673 cr exposure to bank
Valuation computations for proposed deals go awry
The replacement has been done on account of non-availability of future and options contracts in Yes Bank shares, NSE Indices said in a statement.
The bank has also experienced serious governance issues and practices in the recent years which have led to steady decline of the bank
Currently, the country's largest bourse has eight board members, which includes four PIDs and three shareholders
The bank has been allowed to open new branches, provided 25% of all new banking outlets opened in a financial year are in unbanked rural centres
Tyagi said also said KSBL has told the NSE that it would pay fund shortfall of Rs 678 crore by March
The exchange also crossed the milestone of 30 million registered investors in January 2020, it said in a statement.
Among the positives of the offer, the Nifty CPSE Index's valuations are more reasonable than that of front line indices
The lender sold the shares at an average price of Rs 1.91 apiece, which took the total deal value to over Rs 5.77 crore.
The NSE was the top destination globally in terms of the number of derivatives contracts traded
Prestige, Sobha top picks given their exposure to Bengaluru, other southern markets
It was alleged that Sampark provided latency advantage to a few brokers, which resulted in a substantial increase in their turnover during the period from April-August 2015
The order came after an investigation by the Securities and Exchange Board of India against several former and current NSE employees and stock brokers in the co-location matter
Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank are working to resolve the issues being faced by realty sector. Admitting that realty sector has been left out of the booster measures announced earlier, she said the sector has a spillover effect on many sectors, especially the core sector. "The government is very keen and is working very clearly together with the RBI to see how best we can, where necessary, tweak the existing norms to help the people who are affected in the realty sector," she said at an NSE event. It can be noted that after the July budget roiled the market and business sentiment, the government has rolled back many of the tax measures and also went to the extent of drastically cutting corporate tax to 22 percent--making the biggest tax giveaways to the tune of Rs 1.3 lakh crore. Admitting that the so far announced measures have not helped revive the sentiment in the real estate, she said since August the government
Brokers say investors yet to buy the pitch of a broader market revival
The facility will be made effective from January 10, 2020, NSE said in a circular.
The entire IPO would be offer-for-sale (OFS), wherein existing shareholders will sell NSE's shares
Currently, State Bank of India (SBI) holds 5.19 per cent stake in the exchange