NBFCs face new governance, exposure code: From licensing to CEO package
RBI is drawing up a new code for non-banking financial companies (NBFCs) which envisages curbs on the licensing and businesses of bank-led units, parity in CEO remuneration package with that of private banks, and a gradual shift to the risk-based supervision system. Read more
Trump scraps preferential trade treatment for India, govt plays down impact
Ending months of speculation, the Donald Trump administration cut off India from duty-free access to the US market under its largest preferential trade scheme, but New Delhi played down the impact of the move
