The Reserve Bank of India is introducing new rules for banks. Banks must now refund customers fully if a product or service is mis-sold. They also need to compensate customers for any losses incurred. These guidelines aim to protect customers and ensure fair practices in banking. The central bank is seeking feedback before implementing these changes.
SpaceX IPO is said to be well oversubscribed, orders close Wednesday
SpaceX’s initial public offering is significantly oversubscribed, with demand building for a potentially record-setting debut. Banks are closing order books for institutional investors, with pricing
June 8, 2026