The 28th Financial Stability Report from RBI highlighted that scheduled commercial banks have ample capital buffers, ensuring regulatory compliance even under severe stress scenarios. The report also underscored the need for suitable regulatory and supervisory measures to mitigate risks arising from the expanding use of technology and innovation in the financial system.
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