Banks have parked a record ₹4.52 lakh crore in the RBI’s Standing Deposit Facility (SDF) at 5% overnight. This strategy allows them to borrow funds at lower rates, around 4.27% from the TREPS market and earn a significant spread by depositing with the central bank. This reflects substantial surplus liquidity in the banking system.
Gold, silver extend losses amid Middle East tensions; Fed minutes in focus
Gold and silver prices declined significantly in Mumbai trading on Wednesday. This retreat followed global bullion market weakness and US President Donald Trump’s comments. Crude