Asian shares extend losses as US banking worries persist https://ifttt.com/images/no_image_card.png"There is escalating tensity in the global financial world; this is despite non-U.S. banks' exposure to US regional banks being minimal, with the global systems being well capitalized and flush with liquidity," said Stephen Innes, managing partner at SPI Asset Management.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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