Individual lenders have approached the central bank to ease the proposed LCR guidelines that require them to mandatorily invest a sum equal to their 30-day outflows in high quality liquid assets (HQLAs), like government securities, to avoid a collapse like the Silicon Valley Bank.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20