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SBI Research estimates $127 billion in FCNR(B) deposits could support ₹25 trillion of additional bank credit and generate ₹5 trillion in notional profit over five years
We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.
From NYT: “Geopolitical factors and U.S. weaponization of the dollar through financial sanctions are causing central banks and other official investors to attempt to diversify away from dollar…
Accenture offers steady growth, a growing dividend, and deep enterprise relationships. Micron offers exposure to one of the most powerful demand trends in semiconductors right now.
Fed Vice Chair for Supervision Michelle Bowman outlined three potential changes to stress-test calculations and an assessment of the central bank’s performance amid the 2023 collapse of Silicon Valley…
