RBI sets up technical advisory committee for financial markets
The committee will be chaired by the Deputy Governor overseeing RBI’s Financial Markets Regulation Department (FMRD).
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The committee will be chaired by the Deputy Governor overseeing RBI’s Financial Markets Regulation Department (FMRD).
The latest deal comes days after another large block transaction on August 28, when nearly 2.95 crore Lenskart shares worth Rs 1,857 crore changed hands at Rs 630 apiece.
The move comes as India's primary market continues to see strong listing activity, with a growing pipeline of startups and new-age companies preparing to go public.
The urgency to form the task force comes in the wake of Anthropic's controlled rollout of Mythos under a programme called Project Glasswing.
PhonePe had filed its updated (DRHP) for its IPO with the Securities and Exchange Board of India earlier in January.
The overall value of the merchant category-wise purchases via UPI rose to Rs 8.07 lakh crore in December across 13,482.38 million transactions.
Meanwhile, fintech companies, Pine Labs and Groww, have already made their public market debut this year.
These share sale comes days after Elevation Capital, formerly known as SAIF Partners, trimmed its stake in Paytm.
Online marketplaces witnessed 126.2 million transactions worth Rs 8,350 crore via UPI payments during the month as compared to 141.2 million transactions worth Rs 10,049.11 crore.