The banking regulator recently released draft guidelines that seek to make banks more accountable for the financial products they sell. If it follows through on this, it could dampen growth in the life insurance sector ....
IDFCFirst Bank disclosed a ₹590-crore fraud committed by certain employees and others at a particular branch in Chandigarh in a specific set of Haryana state government accounts ....
RBIGovernor Sanjay Malhotra said there is "no systemic issue" in the banking sector after IDFCFirst Bank's Rs 590 crore fraud disclosure, offering reassurance as the lender's shares slumped ... .
The Finance Minister, responding to questions on the latest twist in the U.S. tariff situation, said the CommerceMinistry is currently reviewing the matter ... .