Stocks can impact in trade Today
Stocks can impact in trade Today
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These stocks can impact the indices when it reopens on Wednesday, November 18, 2020 based on latest development of the companies

Lakshmi Vilas Bank: In view of its weak financials, the Reserve Bank has placed the Lakshmi Vilas Bank Limited under moratorium with immediate effect. In a statement issued on Tuesday, RBI said the moratorium will be effective for thirty days (i.e. till December 16, 2020) to protect depositors’ interest. Accordingly, RBI has capped all cash withdrawals from the bank to Rs 25,000. Besides, RBI has also announced the draft scheme of amalgamation of The Lakshmi Vilas Bank with Delhi based DBS Bank India Limited

IIFL Securities: Board of Directors of the Company is scheduled to meet on November 20, 2020, to consider the proposal for Buy-back of fully paid-up equity shares of the Company.

IRB Infrastructure Developers: IRB Infrastructure Trust - Private InvIT has successfully closed 2nd Tranche of fundraising by way of Rights Issue of Units amounting to Rs 510 Crore.

India Post Saving Bank account minimum balance limit increased to INR 500 rupees

Maruti launches fifth round of its MAIL programme

RBI starts Test Phase-I of Regulatory Sandbox retail payments

 

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