archived as published
Wednesday, 16 September · prices through NSE close
ICICI Prudential Asset Management Company Limited received Reserve Bank of India approval to acquire up to 9.95% of paid-up share capital or voting rights in CSB Bank, DCB Bank, Kotak Mahindra Bank, and AU Small Finance Bank within one year. Separately, the RBI approved Life Insurance Corporation to acquire up to 9.99% of ICICI Bank's paid-up share capital or voting rights within one year.
The Finance Ministry notified that UPI transactions of up to Rs 2,000 and payments made using RuPay debit cards will not attract any charges, while the Merchant Discount Rate applies to RuPay debit card and UPI transactions above Rs 2,000 made to merchants.
The Reserve Bank of India absorbed ₹3,93,352 crore through a variable rate reverse repo auction on Tuesday. The RBI also conducted a 30-day variable rate reverse repo auction for ₹7 lakh crore on September 7, 2026.
Mazagon Dock Shipbuilders Ltd will invest around Rs 27,000 crore to establish a greenfield shipbuilding cluster at Dighi in Maharashtra's Raigad district. The project is expected to generate approximately 90,000 jobs and expand the country's shipbuilding capacity.
New here? The reader's guide explains every page, plate by plate.
fregime is informational research software. Content on this page is factual reporting compiled from cited public sources; nothing here is advice, and nothing here expresses an opinion on any security. fregime is not registered with SEBI as an investment adviser or research analyst. Before making investment decisions, consult a SEBI-registered adviser. Price figures are delayed end-of-day values cited to the exchange's published file, never live quotes.