US Fed floats major changes to bank stress tests in light of legal rulings

The U.S. Federal Reserve is planning major changes to annual bank stress tests. Banks may be allowed to comment on the models and scenarios used. This follows recent court rulings affecting administrative law. These changes could reduce annual volatility in capital requirements. Industry groups have welcomed the move as a step towards transparency and accountability.

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FPIs withdraw Rs 48,056 cr from D-St in Oct

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