Nomura suggests the RBI might replace the unsecured WACR with a secured rate like TREPS or SORR to enhance monetary policy transmission, aligning with global practices. Secured repo markets have grown significantly, while call money market volumes remain stagnant. This shift would necessitate more active liquidity management by the RBI, especially concerning mutual funds’ access to standing facilities.
Violent crypto attacks rise as criminals hunt bigger payouts
Physical attacks targeting cryptocurrency holders surged 33% globally in the first half of 2026, with losses soaring to $124 million. France emerged as the epicentre