Bajaj Corp board approved hike in investment limit by registered foreign portfolio investors from 24% to 49% of the paid-up equity capital.
The Indian government plans to raise about Rs. 89,120 crore ($14.4 billion) by reducing its stakes in state-run banks to 52 percent. The government holds stakes ranging from 56 per cent to 84 per cent in 24 state-run banks.
Corporation Bank has decided to offer unlimited number of free transactions in the bank's ATMs for its savings bank customers.