Top headlines: RBI constitutes panel for DHFL, more curbs on H1-B likely

Here are top headlines of the day

RBI sets up three-member advisory committee to assist DHFL administrator

The Reserve Bank of India (RBI) on Friday constituted a three-member advisory committee to assist DHFL's administrator in discharge of his duties. The three-member advisory committee would comprise of Rajiv Lall, non-executive chairman, IDFC First Bank Ltd, N S Kannan, managing director and CEO, ICICI Prudential Life Insurance Co. Ltd, and NS Venkatesh, chief executive, Association of Mutual Funds in India. Read More

India's banking sector at a turning point, thanks to the SC: Morgan Stanley

India’s banking sector may witness a turnaround, after recent rule