RBI Penalizes IDFC First Bank and LIC Housing Finance, Greenville County’s Road Funding Challenges

RBI imposes penalties on IDFC First Bank and LIC Housing Finance for non-compliance. Greenville County faces significant challenges in funding road repairs. Plus, controversy surrounds the South Pasadena Finance Commission's recommendation. Also, a surge in big deals in the finance industry.

Sources:
https://www.businesstoday.in/industry/banks/story/rbi-imposes-penalties-on-idfc-first-bank-lic-housing-finance-for-non-compliance-424541-2024-04-06
https://www.foxcarolina.com/2024/04/06/we-are-lagging-behind-how-does-greenville-county-finance-roads/
https://southpasadenan.com/city-finance-commission-meeting-finance-panel-pushed-for-corrected-answers-defined-issues-rossi-calls-for-culture-shift-in-city-hall/
https://abovethelaw.com/2024/04/finance-docket-big-deals-are-big-these-days/

Outline:
(00:00:00) Introduction
(00:00:39) RBI imposes penalties on IDFC First Bank, LIC Housing Finance for non-compliance
(00:03:14) ‘We are lagging behind:’ How does Greenville County finance roads?
(00:05:38) City Finance Commission Meeting | Finance Panel Pushed for ‘Corrected’ Answers, Defined Issues, as Rossi Calls for ‘Culture-Shift’ in City Hall | The South Pasadenan
(00:08:49) Finance Docket: Big Deals Are Big These Days