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The Reserve Bank of India (RBI) will come up with a fresh set of fit-and-proper norms - last revisited in November 2007 - for directors on the boards of banks.

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Sensex, Nifty trade lower; YES Bank, Mindtree plunge up to 10% Benchmark indices were trading lower in Thursday's morning session, weighed down by tech and metal stocks. The S&P BSE Sensex dipped 85 points, or 0.22 per cent, lower to 39,130, with YES Bank, down over 11 per cent, ONGC, Vedanta, Tata Motors, and HCL Tech among the top losers. The Nifty, too, dropped 26 points, or 0.22 per cent, to 11,661.

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Benchmark indices gave up their opening gains to trade lower, dragged down by auto stocks, in Monday's early morning trade. Auto stocks were the top losers amid weak June quarter results and reports of the government planning to hike registration charges on new vehicles. The S&P BSE Sensex slipped 23 points, or 0.06 per cent, to 37,859, with Bajaj-Auto, Hero MotoCorp, Vedanta, Maruti Suzuki India, and Tata Motors among its top losers. The broader Nifty50 index dipped 28 points, or 0.25 per cent, to 11,256. visit our website: www.intelligence7.in

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