The market, as I said, they seem to be quite stabilising and if you look at two buckets in particular, you see external sector, I am not very convinced about because due to what is happening globally, what US is doing, there is little bit of, or rather, I would say there might be prolonged uncertainty for the coming few months till the time the situation stabilises, some trade agreements are in place.
RBI probing banks’ derivatives books amid IndusInd fallout, sources say
India’s central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources
March 12, 2025