The Reserve Bank of India has formed a new external committee, led by former deputy governor MK Jain, to evaluate applications for universal and small finance banks. Initial screening by the central bank will ensure eligibility, followed by the committee’s assessment. This committee succeeds the one led by Shyama Gopinath, with members like Revathy Iyer and Hemant G Contractor.
‘Waterfall’ decline base case risk to US market: Chris Wood
He said April 2-when Donald Trump announced the imposition of tariffs on imports into the US-is an ‘impoverishment’ day, not a ‘liberation’ day, as termed