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The Middle East war has pushed global oil markets deeper into crisis, as Iran’s tightening grip over the Strait of Hormuz continues to squeeze energy supplies worldwide. These tensions could escalate further, with Iran warning it may completely shut the passage if the US targets its power plants. At the moment, for those considering alternative…
MUMBAI: Reserve Bank of India has tightened recovery and repossession norms to curb harassment and improve borrower protection. The draft amendments require banks to first resolve borrower complaints before starting recovery. Lenders must also disclose the identity of the recovery agent before contact.The changes are part of the draft second amendment to the directions on…
Axis Bank Ltd., Kotak Mahindra Bank Ltd., Ultratech Cement Ltd., RBL Bank Ltd., State Bank of India are some of the stocks that will catch investors’ attention on Tuesday. Here are the notable corporate announcements that came after Friday’s market hours: Earnings In Focus Asian Paints, Aditya Vision, Bikaji Foods International, CG Power and Industrial…
