RBI’s supervisory system has been overhauled in recent years through a unified and harmonised approach for commercial banks, non-banking finance companies, and urban cooperative banks. “The focus is now more on identifying the root cause of vulnerabilities, rather than dealing with the symptoms alone,” Das said.
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