The Bank of Korea (BOK) has taken proactive steps to stabilize financial markets by announcing plans to inject short-term liquidity through repurchase agreements (repos). The central bank will also intervene…
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The yield on the 10-year Indian Government bond (IN067934G=CC) has decreased by 2 basis points (bps) to 6.8278%, down from its previous close of 6.8470%. This minor dip suggests a…
Summary: Firstsource Solutions Limited, a global provider of Business Process Services (BPS), is investing in the development of a domain-centric large language model (LLM) specifically for the US mortgage industry.…
Summary: The Reserve Bank of India (RBI) Governor, Shaktikanta Das, concluded the Monetary Policy Committee (MPC) meeting today by announcing that the repo rate will remain unchanged at 6.5%. However,…
Summary: The Indian Rupee has weakened past 84 per US dollar for the first time in history, marking a significant milestone. This depreciation is driven by a confluence of factors,…
Summary: The Reserve Bank of India (RBI) Governor, Shaktikanta Das, concluded the Monetary Policy Committee (MPC) meeting today by announcing that the benchmark repo rate will remain unchanged at 6.5%.…
Summary: Kotak Mahindra Bank has entered into an agreement to acquire the personal loan portfolio of Standard Chartered Bank in India. This strategic move involves a loan book valued at…