Adani Turmoil: RBI says banking sector resilient, stable; and it remains vigilant https://ift.tt/JpKmaYO earlier reported that the central bank had asked all lenders to submit details pertaining to their exposure to the Adani Group of companies. Concerns arose after a US-based short-seller alleged fraud and governance lapses at the Adani Group, leading to a $110 billion loss in market capitalisation.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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