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TRADE
LIC successfully finishes 51% acquisition in IDBI Bank

LIC successfully finishes 51% acquisition in IDBI Bank

The insurance giant LIC has finished a major controlling stake acquisition in IDBI Bank becoming the lender’s majority shareholder. In a BSE filing the bank claimed that this deal was a win-win situation for both…

TECHNOLOGY
Intertrust trusts disruptive technology to surpass human-based financial systems by 2024

Intertrust trusts disruptive technology to surpass human-based financial systems by 2024

Intertrust, leading administrative services multinational surveyed more than 500 capital market executives and the capital market to gauge the impact of disruptive technology like Artificial Intelligence on jobs, skills and the human-based existing systems. 14%…