The increase of 300 points,Nifty index surpassed 25,600, Jio financial experienced rise 4%

Benchmark indices experienced an upward trend for the fourth consecutive session on Thursday, supported by alleviating global concerns and a resurgence of foreign investments. The S&P BSE Sensex increased by 303.03 points, concluding at 84,058.90, whereas the NSE Nifty50 advanced by 88.80 points, closing at 25,637.80. Additionally, all broader market indices also ended in positive…

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RBI circulated updated guidance note for banks, NBFCs

The Reserve Bank of India (RBI) has updated its “Guidance Note” on operational risk management for the financial sector, and extended it to non-banking financial companies (NBFCs), including housing finance companies. Only commercial banks were included in the 2005 ‘Guidance Note on Operational Risk Management’. RBI said all regulated entities (REs) in India should implement…

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