AgenciesLast month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.
Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.
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- Temasek Set for Controlling Stake in Manipal Hospitals
Singapore government-owned fund Temasek Holdings is acquiring an additional 41% stake in Manipal Health Enterprises from existing investors and the promoter family for ₹16,500 crore, in what will be the largest private equity deal in the Indian healthcare sector, said people aware of the development.
Gaming Firms Seek Clarity on Revised RulesGaming companies, which fear prosecution or probes by state governments acting in accordance with local regulations despite the notification of a revised set of central rules on Thursday, are seeking further clarification from the union government, several executives told ET.
Vi Pays 10% of Q4 Licence Fee Dues, Seeks Time till July 31 to Clear BalanceCash-strapped Vodafone Idea (Vi) has paid only 10% of its licence fee dues for the March quarter and sought more time from the government to clear the balance 90% in multiple tranches by July 31.
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