People aware of the developments said the new Memorandum of Understanding being worked upon by the RBI and UK authorities, including the Bank of England, would essentially communicate a “hands-off” approach towards the CCIL on potentially contentious issues such as rights of audit over the Indian clearing house.
Oil Price Today (September 17): Crude oil falls below $105 even as Middle East tensions simmer. Here’s why
Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined $1.16, or 1.2%, to $101.20 a barrel.