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IndusInd Bank share price jumped over 5% after the Reserve Bank of India’s (RBI) officials, including Governor Sanjay Malhotra, commented on the private lender’s recent crisis. IndusInd Bank shares rallied as much as 5.32% to ₹845.85 apiece on the BSE. In its post-monetary policy press conference, RBI Governor Sanjay Malhotra said that the issue at…
SEBI has kept in abeyance pleas by the Adani group and its offshore investors to settle a raft of regulatory charges until internal processes are reviewed, two sources with direct knowledge of the matter said. The Securities and Exchange Board of India (SEBI), where a new chief took charge in March, is reviewing rules of…
The rupee pared its initial gains and settled for the day lower by 7 paise at 85.40 against the US dollar on Friday, amid heightened geopolitical tensions and a negative trend in the domestic markets. Forex traders said escalated geopolitical tensions, following a terror attack in Pahalgam, Jammu & Kashmir weighed on market sentiment. Moreover,…