Vigilance oversight: FinMin tells PSU banks, insurers to promptly flag adverse inputs on board-level executives; lapses raise concerns

Government mandates public sector banks and financial institutions to promptly report vigilance issues concerning directors. Delayed or incomplete disclosures of adverse information, including private complaints and court observations, have been noted.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/FmzSHGu

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Market recap: 7 of top 10 valued firms lose Rs 35,439 crore in Mcap; SBI, Reliance among worst hit

Seven of India's top ten companies experienced a combined market capitalization loss of Rs 35,439.36 crore in a holiday-shortened week, despite the broader market index closing higher. SBI, Reliance Industries, and Bajaj Finance saw the steepest declines, while HDFC Bank, Infosys, and Bharti Airtel posted gains.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Jlbs0Ln

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