The Reserve Bank of India (RBI) has proposed new Counterparty Credit Risk (CCR) norms for banks acting as clearing members in equity and commodity derivatives exchanges. These draft norms, aligning with global Basel standards, introduce higher risk weights for longer-tenor and more volatile instruments.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend