“Today we will write the History of India”-Mukesh Ambani,Reliance 42nd AGM
Find it ironical that India’s biggest revolutionary is also its richest man.
College students should probably replace Che Guevara’s poster and replace it with this:
It's hilarious that now our taxes are going to bailout banks that funded real estate companies who couldn't sell us their overpriced houses.
— Deepak Shenoy (@deepakshenoy) August 31, 2016
RBL Bank (formerly Ratnakar Bank) was the first scrip I started market making in.
The journey started a few years back and it turned out to be extra-ordinarily rewarding both personally for me and my fellow investors.
Hopefully,the Bank will continue to scale new heights of success and glory.
Salutations to the man who made it all possible…yes Sir,you deserve that Million Dollar Smile !
(Disclosure:I am market making in the shares of Catholic Syrian Bank)
Kerala-based Catholic Syrian Bank (CSB) is planning to raise money by way of preferential allotment of equity in favour of investors. They include Edelweiss Tokio Life Insurance, Reliance Capital, ICICI Pru, HDFC Standard Life, Bennet Coleman & Co, Bharati Axa and Bajaj Alliance.
While the management of the Bank was not available for comment immediately, notice to the investors stated that the Bank is planning to issue and allot upto 1,32,03,856 equity shares for cash at a price to be determined by the Board with the price band of Rs 100 to Rs 120 per share, including premium. The total consideration would be around Rs 132 crore to Rs 158 crore.-from BS