Banks may soon see their capital positions improve. The central bank proposes to remove the Investment Fluctuation Reserve. This move could help lenders recover losses on bond investments. Accumulated reserves might transfer to core capital. This could boost lending capacity for banks. The proposal is open for public comment.
Sensex slumps 583 pts, Nifty below 24,000; 7 key triggers
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices,