RBI had brought the ICRR basically to address the issue of excess liquidity coming in on the back of Rs 2000 notes coming back into the banking system and over 80% of those got deposited as further deposits or current accounts into the bank.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following