The Reserve Bank of India has formed a new external committee, led by former deputy governor MK Jain, to evaluate applications for universal and small finance banks. Initial screening by the central bank will ensure eligibility, followed by the committee’s assessment. This committee succeeds the one led by Shyama Gopinath, with members like Revathy Iyer and Hemant G Contractor.
Expect a big move in metals; stick to quality largecaps: Gautam Shah
Gautam Shah of Goldilocks Premium Research suggests gold may consolidate after reaching a short-term peak. He anticipates a significant rally in metals, forecasting the metals