Central bank governor Sanjay Malhotra met bank chief executives on Tuesday. Geopolitical complexities and artificial intelligence were key discussion points. New expected credit loss guidelines also featured in the important talks. Some banks shared their FCNR(B) scheme inflow estimates with the governor. Oil prices have spiked over nine percent after recent military actions.
Global Market Today: Asian stocks, bonds gain as oil extends decline
MSCI’s regional equities gauge advanced 0.3% with South Korea’s Kospi index leading gains. That came after the S&P 500 Index rose 1.1% on Thursday, its