Global stock markets fell on Friday. Wall Street ended the week with little change. U.S. Treasury yields rose. Federal Reserve officials signaled no December interest rate cut. This impacted investor sentiment. Asian and European markets closed lower. U.S. markets saw some recovery. Oil prices increased due to supply concerns. Gold prices declined.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an