Supreme Court seeks govt, RBI response to plea for audit of banks’ realty exposure

May 29, 2026

The Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks’ dealings with real estate projects to be reviewed. The court also wants an investigation into developers accused of misusing homebuyers’ money. Several authorities and builders have been issued notices.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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