Zydus Lifesciences has said the US FDA has closed its inspection of its Ahmedabad plant in SEZ II, conducted between August 11–13 for three products and cGMP compliance, with no observations.
Aditya Birla Digital Fashion Ventures Ltd (ABDFVL), a subsidiary of Aditya Birla Fashion and Retail Ltd (ABFRL), has signed agreements with ServiceNow Ventures Holdings for an investment of up to ₹437 crore in ABDFVL via preferential allotment of compulsorily convertible preference shares.
ICICI Bank on Wednesday revised the minimum account balance (MAB) for its metro & urban, semi-urban, and rural locations after it hiked MAB a few days earlier, citing “valuable feedback” from customers. The lender has slashed the MAB for metro & urban locations to ₹15,000 from ₹50,000, for semi-urban to ₹7,500 from ₹25,000 and for rural to ₹2,500 from ₹10,000.
State Bank of India (SBI) has revised charges on fund transfers through the IMPS (Immediate Payment Service) effective from August 15. Although there is no change in charges for fund transfer through IMPS done via branch, fund transfer above ₹25,000 would attract charges through the online channel from August 15, information posted on the SBI website said.
Published on August 14, 2025
