Anand Mahindra’s views on RBL Bank’s financial sector and risk factors motivated the Mahindra Group to acquire a 3% stake in RBL Bank. The move is less of an investment and more of strategic interest in the company’s strong franchise, according to Vinit Bolinjkar, head of equity research for Ventura Securities.
Wall Street futures, dollar ease in wake of credit blow
U.S. Treasury Secretary Scott Bessent used television interviews on Sunday to dismiss the downgrade, while warning trade partners they would be hit with maximum tariffs