Fears of financial contagion could keep gold near record highs https://ift.tt/lIBo3F6 sector fears continue to haunt risky assets. In the latest moves, Deutsche Bank AG shares slumped on Friday and the German lender’s credit-default swaps surged amid wider concerns about the stability of the banking sector.
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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