The Securities and Exchange Board of India (Sebi) has strengthened pledged shares regulations to enhance compliance and prevent misuse. Meanwhile, Life Insurance Corporation of India (LIC) experienced a 6.8% increase due to an announced bonus proposal, while String AI's IFSC license was cancelled by the International Financial Services Centres Authority (IFSCA) for breaching regulations.

LIC Housing Finance announces senior management changes, with Shri Ganesh Kinkar Jena stepping down as GM-Marketing, effective April 7th, 2026. He is being reassigned to LIC of India.

HSBC adjusts target prices for Indian banks due to escalating Iran conflict risks and mounting asset pressures. Major players like HDFC Bank, ICICI, Axis, SBI, Bajaj Finance face reduced targets, while LIC Housing is identified as a defensive choice amid these uncertainties.