The Reserve Bank of India warns of potential risks as nearly half of credit card and personal loan borrowers also have mortgages or vehicle loans. Stress in the microfinance sector worsens, with increasing delinquency rates and rising borrower indebtedness, prompting RBI’s supervisory actions against excessive interest rates.
Sebi board meeting: Regulator eases IPO rules for start-up founders, mandates dematerialisation of securities
SEBI has relaxed ESOP rules for startup founders, allowing them to retain or exercise share-based benefits post-listing, provided they received them at least a year