Indian companies are experiencing a decline in shareholder dissent, with resolutions facing over 20% opposition from institutional investors dropping to 16% this fiscal year. Increased engagement with investors and a focus on minority shareholder interests are cited as contributing factors. Despite the overall decline, some resolutions related to board appointments and executive compensation still faced pushback from institutional investors.
US Fed floats major changes to bank stress tests in light of legal rulings
The U.S. Federal Reserve is planning major changes to annual bank stress tests. Banks may be allowed to comment on the models and scenarios used.