Tata Trusts is convening a strategic meeting to address Tata Sons’ listing status as the RBI deadline approaches, potentially considering board additions like Uday Kotak and Bahram Vakil. With Ralf Speth and Ajay Piramal nearing retirement, board-level changes are anticipated.
RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate