Last updated: 2025-12-19 05:52:42 ET
The IPO by the firm jointly owned by India's ICICI Bank and UK's Prudential, was priced at 2,165 rupees per share at the upper end of the price band.
The hike comes against the backdrop of rising inflation and a weak Japanese economy.
Bank of Japan raises its key policy rate to 0.75% to help tame inflation and support the yen
Rate rises in Japan ripple through global markets and might even push up the cost of borrowing in the U.S.
It comes as new PM Sanae Takaichi is keen for inflation to fall but also needs low government borrowing costs.
The Bank of Japan moved to slow inflation as the prime minister is borrowing more to fund an ambitious effort to build up industry and support househo...
Japan’s consumer inflation remained well above the central bank’s 2% target in November, providing further justification for a widely anticipated ...
Erebor Bank, Palmer Luckey's crypto-oriented finance startup, just got one step closer to launching
The Bank of England is hoping the interest rate cut will inject some much-needed momentum into the economy.
YC-backed Givefront is building a fintech designed specifically for nonprofits, including food banks, churches, and homeowner associations.
