New RBI draft norms to curb mis-selling of financial products are poised to impact private sector banks more significantly due to their higher reliance on insurance income. These banks have seen a notable increase in insurance income’s share of their ‘other income’ over recent years, a trend less pronounced in public sector banks.
Sebi cancels registration of 12 research analysts over unpaid renewal fees
Sebi has cancelled twelve research analyst registrations for failing to pay renewal fees. These entities and individuals had their certificates cancelled after the fees remained
July 9, 2026