The new norms will essentially allow entities to borrow and lend government securities by paying or receiving a premium. The central bank will soon issue draft directions separately for stakeholder comments. Dealers said the new norms will make more people eligible to take a short position on government securities
Global Market Today: Asian stocks advance, crude oil holds decline
Asian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potential interest rate hikes. South Korea’s