Ujjivan, Equitas Holdings Surge 20% After RBI Permits SFBs To Merge With Holding Companies

On Monday, shares of Equitas Holdings, Ujjivan Financial Services, and IDFC soared up to 20% on the BSE after the Reserve Bank of India (RBI) approved the Amalgamation program for small financing banks (SFBs) and their holding companies. On the BSE,

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