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Stocks in news: Paytm, RBL Bank, REC, ASK Automotive, Intellect Design

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ETMarkets.comLast Updated: Mar 04, 2025, 06:11:00 AM IST

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Synopsis

RBL Bank announced key leadership appointments as part of its transformation journey. Narendra Agrawal has been appointed as president and head of branch banking and retail liabilities business.

stocks in news — ASK Automotive signed a technical assistance and license agreement with Kyushu Yanagawa Seiki for cast wheel production.

Indian markets began the week on a volatile note but ended nearly flat amid mixed cues. In today's trade, shares of Paytm, RBL Bank, REC, ASK Automotive, Intellect Design among others will be in focus due to various news developments.

RBL Bank
RBL Bank announced key leadership appointments as part of its transformation journey. Narendra Agrawal has been appointed as president and head of branch banking and retail liabilities business.

Godrej Properties
Godrej Properties cancelled a 2008 agreement with TCM for development of a land parcel in Thrikkakara, Kochi.

Intellect Design
Intellect Design assumed responsibility for Central 1 Credit Union’s digital banking operations. Central 1 concluded transfer of digital banking operations of over 170 credit unions & banks to Intellect Canada.

UCO Bank
Sourav Kumar Dutta resigned as the Chief Technology Officer (CTO) of the bank with effect from March 3, 2025.

REC
REC will consider a revision in market borrowing programme of the company for FY25 on March 7.

Paytm
The Enforcement Directorate said it has issued a notice to Paytm's parent company, its MD and linked entities for "contravention" of the Foreign Exchange Management Act (FEMA) involving Rs 611 crore.

ASK Automotive
ASK Automotive signed a technical assistance and license agreement with Kyushu Yanagawa Seiki for cast wheel production.

ITC
Financial services company Wells Fargo has sold ITC's shares worth Rs 106 crore through an open market transaction.

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