Sebi has claimed that its officers were misguided by external elements to raise concerns about leadership and HR practices, leading to a complaint to the finance ministry. The regulator denied allegations of a toxic work culture and said some employees were using these issues to seek monetary benefits.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,