Investigations are in preliminary stages and show-cause notices have been sent to the individuals and to the bank, sources said.

At the interbank foreign exchange, the domestic unit opened at 85.43 and moved between the intra-day high of 85.35 and the low of 85.61 against the greenback

Several major stocks saw declines on the 30-share index, including Infosys, which slipped 1.95 per cent, and Tata Consultancy Services (TCS), which was down by 1.20 per cent.

The facility is expected to produce 3,000 litres of spirits daily and accommodate a range of products.

22, 24-carat Gold prices rise across Indian cities on May 19

Net inflows stood at ₹8.15 lakh crore, with equity-oriented schemes alone drawing ₹4.17 lakh crore, their highest ever annual inflow. 

The Rights Issue comprises 34.98 crore partly paid-up equity shares at a face value of ₹10 each. 

Meanwhile, the dollar index was trading lower by 0.86% at 100.22

The investment and borrowing committee of the board of directors at its meeting held on Monday considered and approved the proposed acquisition, the company said in a regulatory filing

Jumpin is independently valuated at ₹350 crore