RBI issues licence to Unity Small Finance Bank Ltd for forex dealing

Reserve Bank of India ('RBI') has issued Licence No. Authorised Dealer Category - I / AD0017 / 2022 to Unity Small Finance Bank Limited ("the Bank") a step-down subsidiary of the Company, to deal in foreign exchange, with a caveat that the Bank would only undertake transactions which an Authorised Dealer Category - II can undertake, but for honouring the contracts of customers of Punjab & Maharashtra Co-operative Bank Limited, the Bank can use the Authorised Dealer Category - I licence rendered to it.

Shares of Centrum Capital Limited was last trading in BSE at Rs. 25.30 as compared to the previous close of Rs. 23.90. The total number of shares traded during the day was 260839 in over 1105 trades.

The stock hit an intraday high of Rs. 26.45 and intraday low of 24.35. The net turnover during the day was Rs. 6675418.00.

Source : Equity Bulls

Keywords

CentrumCapital INE660C01027 UnitySmallFinanceBank RBI Licence ForeignExchange