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IPO
JM Fin’s shares nosedive 19%
Eco Buzz
Paytm wallet users not facing disruption
More choices for credit card users on networks now
Banks
RBI’s new directives to banks regarding credit cards, benefits customers
RBI issues new order on credit cards to give customers more choice
JM Financial faces RBI heat over loan deficiencies
Markets
RBI's punitive actions will keep NBFCs on the edge
IIFL Finance shares at lower circuit
30 banks join RBI UDGAM portal for unclaimed deposits
IIFL Finance shares at lower circuit of 20 pc after RBI order on gold loans
Higher interest rates fuel demand for term deposits
Forex reserves up by $2.975 bn to $619 bn