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Ujjivan Small Finance Bank has secured RBI approval for foreign exchange services, allowing it to expand its offerings with currency exchange, international remittances, and more. This strategic move positions the bank to better serve its customers and compete in the evolving financial landscape
IFL Securities has made headlines with its impressive 73% stock price surge over the past two months, fueled by a staggering 144% increase in profit for Q1FY25. This growth reflects the company’s strong performance across brokerage and investment banking sectors. As it positions itself for future success under the proposed new name, IIFL Capital Services, we delve into the key drivers of its remarkable earnings and the positive outlook for the Indian financial market