RBI Governor Sanjay Malhotra voiced concerns about dwindling liquidity in India’s call money market, potentially hindering monetary policy transmission. He urged banks to ensure seamless transmission of RBI’s liquidity measures to the broader market. With surplus liquidity averaging ₹1.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy