US trade official called India's Mastercard ban 'draconian'
RBI ban on Mastercard - a top payment network in India alongside Visa - triggered a flurry of emails between US officials in Washington and India as they discussed next steps with Mastercard, including approaching the India's central bank, the government emails show.
IDBI Bank strategic sale: Most merchant bankers indicate 52 weeks' timeDuring a presentation before the Department of Investment and Public Asset Management (DIPAM) held recently, most of the eligible transaction advisers gave a time-frame of 50-52 weeks to undertake several stages of the privatisation process of IDBI Bank, market sources said.
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