The Reserve Bank on Thursday said a bank which has acquired an immovable asset in an exceptional case as part of a recovery process cannot sell it back to the borrower or related parties.

A truce reached last month has descended into daily attacks and counterattacks, largely halting shipping traffic in the vital Strait of Hormuz and sparking ‌fresh investor concerns about the ...

We've also seen significant sector rotation over the past few weeks, making it difficult for fund managers to stay positioned across every segment, says B. Gopkumar, MD & CEO of Axis Mutual Fund.