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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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...