In a rare instance, the Reserve Bank of India (RBI) made certain adverse observations against Pandey, and it wanted the Department of Financial Services (DFS) to “factor” them in while considering his appointment as CEO, ET reported July 13. The RBI’s observations had to do with Pandey’s “conduct” and were not related to any vigilance case.
Asian stocks weaken as Fed policy doubts simmer
Japanese and Australian shares fell. South Korea’s benchmark bucked the trend, led by Samsung Electronics Co.’s rally after it announced a stock buyback plan. US
November 18, 2024