Securities and Exchange Board of India (Sebi) has issued an administrative warning to HDFC Bank for not complying with certain regulatory guidelines for custody activities. The bank stated it would address and rectify the highlighted lapses. A similar warning for regulatory non-compliance related to merchant banking was also issued to HDFC Bank in December 2024.
India’s wholesale price inflation accelerated to a four-month high of 2.36% in October, driven by surging food prices, particularly vegetables. While fuel and power costs […]
The Sensex dropped for the fifth consecutive session, closing at an eight-month low of 74,454 points. Weak global sentiment and substantial foreign fund outflows affected […]
