Toru Nakashima, the global CEO of Sumitomo Mitsui Banking Corporation, recently engaged with employees at Yes Bank, emphasizing his commitment to their future. He conveyed a message of confidence regarding job security and anticipated growth, following SMBC’s recent acquisition of a 20% stake in the bank.
Sebi proposes changes to simplify nomination rules
Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. This change aims to