The Reserve Bank of India’s liquidity draining operation faced a weak response from banks. The variable rate reverse repo auction was undersubscribed. The central bank received bids worth less than the notified amount. Rates moved above the standing deposit facility rate. The intent is to lift overnight rates. Banks are reluctant to park the full amount with the RBI.
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
July 25, 2026