The Reserve Bank of India is proposing new rules for banks. These rules will standardize how banks report their capital strength. This applies to all banks, including foreign ones. The goal is to make it easier for people to understand and compare bank performance. Banks will need to use specific formats and report figures in rupees crore.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend