* Merger discussions: Public Sector Banks yet to receive any official communication from the government; currently focusing on stake dilution to meet regulatory norms.
* SBI and Bank of Baroda to jointly launch the Indian Digital Payment Intelligence Corporation to combat payment fraud.
* RBI raises the ceiling and value for loans taken against shares and debt mutual funds.
* FIIs net bought shares worth Rs 621 crore, while DIIs net bought Rs 173 crore on October 24.
* LIC increases stake in Tata Consumer to 8.64% and raises its holding in Dabur to 6.98%.
**Corporate & Industry**
* Tata Motors renamed as Tata Motors Passenger Vehicles post demerger; commercial vehicle unit to list later.
* L&T secures large orders worth Rs 2,500–5,000 crore for its Minerals and Metals business.
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