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Banks in India seek relaxations on RBI's project finance draft norms. Nedumparambil Finance owner and family arrested for a financial fraud of Rs 500 crore. Plus, global finance leaders expect AI to unlock deeper, faster audits. Also, Aadhar Housing Finance IPO opens today, should you subscribe to the issue?Sources:https://www.ndtvprofit.com/business/banks-seek-relaxation-on-rbis-project-finance-draft-normshttps://www.onmanorama.com/news/kerala/2024/05/08/nedumparambil-finance-owner-family-arrest-nm-raju-financial-fraud-500-crore.htmlhttps://news.bloombergtax.com/financial-accounting/global-finance-leaders-expect-ai-to-unlock-deeper-faster-auditshttps://www.businesstoday.in/markets/ipo-corner/story/aadhar-housing-finance-ipo-opens-today-should-you-subscribe-to-the-issue-428713-2024-05-08Outline:(00:00:00) Introduction(00:00:42) Banks Seek Relaxation On RBI's Project Finance Draft Norms(00:03:01) Global Finance Leaders Expect AI to Unlock Deeper, Faster Audits(00:05:57) Aadhar Housing Finance IPO opens today: Should you subscribe to the issue?
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