Monday, December 31, 2018

PCA framework helped reduce contagion losses: RBI report

PCA framework helped reduce contagion losses: RBI report The report said the true or the underlying systemic footprint can only be estimated if the implicit sovereign guarantees enjoyed by the PCA banks is done away with.

from Moneycontrol Business News http://bit.ly/2R2Hpqy

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...