Moody’s has maintained a stable outlook for India’s banking system citing strong fundamentals of the local economy which will support credit growth and prevent deterioration in asset quality. The rating agency has however flagged loans to small and medium-size enterprises (SMEs) which it said could pose risks to banks’ asset quality because this segment is the most vulnerable to rises in interest rates.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest