Jain who is incharge of the supervision, financial inclusion and consumer protection departments among others at the RBI said corporate governance is invariably the root cause of supervisory concerns. Supervisors must closely examine the business models adopted by banks and meticulously assess whether these models align with the institutions’ risk appetite, he said.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.