.........."The Reserve Bank of India had told us that we could not continue as a dominant promoter in Destimoney, and has given us the go-ahead for a stake sale. The three-year bar on selling the stake as specified under NSE rules is the only hurdle. As such, we don't have a timeline for the sale. And, RBI too has permitted us to take our time with it; a formal exchange of letters would be enough to conclude the transaction whenever it happens,"....................
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment