Crude prices rose for a third day in early Asian trade on Wednesday as a halt to some exports from Iraqi Kurdistan raised concerns of tightening supply and market sentiment improved as fears of a banking crisis eased. Brent crude futures rose 42 cents, or 0.5%, to $79.07 a barrel at 0046 GMT. West Texas […]
Systemic risk identification and monitoring among non-banking financial companies (NBFC) is a challenge considering the significant heterogeneity within the segment, the RBI said in its latest Financial Stability Report. NBFC-investment and credit companies (NBFC-ICCs), and NBFC infrastructure finance companies (NBFC-IFCs) account for 95% of the NBFC segment’s advances.RBI notes that the balance sheets of these […]