“Banks and CCIL are in talks for the third-party clearing mechanism. In its securities settlement segment, the CCIL permitted certain members to become clearing members in 2020,” a source aware of the developments told ET. “Clearing members can take on the European banks as clients and trades can be carried out.”
Oil little changed as traders assess supply risks
Oil prices remained stable amidst geopolitical tensions in the Middle East and Russia, coupled with concerns over trade tariffs impacting fuel demand. Escalating conflict in
September 23, 2025