From Finance Minister Nirmala Sitharaman’s reassurance on F&O trading to Mahindra & Mahindra’s exit from RBL Bank, the day was packed with policy cues, corporate moves and global developments.

Speaking at the SBI Banking and Economics Conclave, Sitharaman said the government is “not here to shut the door” on derivatives trading. At the same event, SBI Chairman C.S. Setty called for raising the foreign investment cap in public sector banks to level the playing field with private peers.

In the corporate sphere, M&M sold its entire RBL Bank stake for ₹678 crore, marking a 62.5% gain on its investment, while HPCL CMD Vikas Kaushal projected India’s energy demand to rise 5% in sync with 7% GDP growth. India’s FMCG sector saw major leadership churn, PhysicsWallah readied its ₹3,480 crore IPO,

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