Shares of IndusInd Bank, Bandhan Bank, and non-banking financial companies (NBFCs) surged up to 8% on Thursday after the Reserve Bank of India (RBI) eased risk-weight norms on bank loans to NBFCs ...
In the previous examples of Bandhan Bank and Federal Bank, where the extensions to CEOs were given for a shorter periods, the stocks had fallen in the run up to the announcements. IIFL Securities ...