Axis Bank and Bandhan Bank announce finance chief exits

Axis Bank’s CFO Puneet Sharma and Bandhan Bank’s CFO Rajeev Mantri both resigned within a day of each other, each citing career growth reasons. Sharma exits on 31 August after over six years at Axis, while Mantri will continue till 25 September. Two private-sector lenders saw their chief financial officers resign within a day of…

Sebi offers settlement window to stock brokers in algo trading case

Sebi announces a settlement window for brokers linked with unauthorised algo platforms promising assured returns; applications open from June 16   The Securities and Exchange Board of India (Sebi) on Monday announced a settlement scheme for stock brokers associated with certain algorithmic trading (algo) platforms that were found to be in violation of regulatory norms.…