The Reserve Bank of India has proposed draft guidelines directing banks and housing finance companies to follow stricter rules while using recovery agents. Banks must give borrowers written details of assigned agents, avoid setting targets that may lead to harsh practices, and not engage agents if a grievance is already filed.
Kalyan Jewellers shares jump 9%, extend two-day rally to over 15% after robust Q1 business update
Kalyan Jewellers shares saw a significant surge following a robust first-quarter business update. The company reported an estimated 38% year-on-year increase in consolidated revenue for
July 9, 2026