Byju’s Promoters Sell Shares; Commercial LPG Prices Increased; NBFCs Turn To Banks For Funds

  • Promoters of Byju’s have sold shares worth around $408.53 million in secondary transactions since 2015 while facing various challenges.
  • The sale price of the 19kg commercial LPG gas cylinders has been increased to Rs 1,780 per cylinder by State-run Oil Marketing Companies.
  • Non-banking finance companies’ reliance on bank lending has heightened due to the smaller shadow banks’ difficulties in accessing money markets for funds.
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