1) RBI to hold quarterly meetings with banks' auditors, review governance
In a first-of-its-kind move, the Reserve Bank of India (RBI) is set to hold formal meetings with banks' auditors on a quarterly basis from April 1, making sharper the regulatory spotlight on them. Read more...
2) SpiceJet to seek compensation from Boeing after grounding 737 Max aircraft
SpiceJet will seek compensation from Boeing and demand credit on maintenance, repair, and overhaul for the 12 grounded 737 MAX aircraft. The airline, which had an aggressive expansion plan that banked on the delivery of the Boeing 737 Max, will now look to lease old