The RBI prioritized asset quality but now focuses on liquidity conditions at private banks. With rising online transactions and security concerns, the RBI drafts reforms on LCR exposure. Additionally, a favorable Budget is expected to boost FMCG sector growth, particularly from rural demand. The rupee might depreciate, but the RBI aims to balance inflation and forex liquidity.
Gold heads for second weekly loss on rate rise expectations
Gold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh on the non-yielding metal.