The move is a fresh step in resolving the issue surrounding the European Securities and Markets Authority’s (ESMA) decision to de-recognise the CCIL following the RBI’s refusal to permit rights of an external regulatory audit. Following a significant softening in the stance of the European regulators, the RBI is said to be more amenable to settling the dispute.
Concurrent Gainers: 13 smallcap stocks that gained for 5 days in a row
Over the five trading sessions ending August 21, the Sensex benchmark declined 0.60%, or 468 points, to close at 77,541. The index ended lower in