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On average, it takes between 60 and 70 ounces of silver to equal the value of one ounce of gold. Currently, it would take 90 ounces of silver to buy one ounce of gold.

Besides catching hints of asset bubbles and sensing early signs of market disruptions by analysing patterns from historical data, macroeconomic numbers, and market behaviour, AI and ML models may come handy in stress testing of banks. It could help regulators to be better positioned in ensuring that banks have enough capital to absorb shocks from slowing economy and plunging markets.

Nationals Securities Depository has launched unified investor web and mobile applications SPEED-e, while Central Depository Services has launched MyEasi.

Financial services continued to bear the brunt of unabated foreign selling as investors dumped shares of ₹5,344 crore in the first 15 days of February after selling around ₹25,000 crore in January. In 2024, they pulled out shares worth ₹58,280 crore from the sector.

Further, the remaining units allotted to sponsors would be locked-in for a one year period from the date of trading approval granted for the units.

Intense competition among banks in the mid-sized corporate sector is leading to mispriced loans and increased risk exposure. Banks like HDFC and Kotak Mahindra are expressing concern over the trend, emphasizing the need for proper risk-adjusted pricing to maintain sustainable credit costs in the long term.

Cyberattack vulnerability in Asia-Pacific s financial sector is double the global average due to inadequate cybersecurity investments. With the introduction of the "bank.in" domain by the RBI, banks face increased risks during the migration process. Increased phishing attacks and data breaches underscore the need for robust cybersecurity measures.

​​The design, made up of Arabic calligraphy of the word riyal, will be implemented gradually for use in financial and commercial transactions, according to a statement from the country s central bank. ​​The Saudi riyal has been pegged to the US dollar since 1986 and is set at a fixed exchange rate of 3.75 riyals per $1.

Goldman Sachs sold its entire 1.42% stake in ISGEC Heavy Engineering for Rs 95 crore via a block deal. The smallcap stock has seen a 35% decline this year. On Thursday, ISGEC s shares closed at Rs 934.65, falling below key moving averages. The company s net profit fell significantly in the December quarter.

The Burman family has gained a controlling stake in Religare Enterprises Limited (REL) after acquiring 25.16% of equity shares through an open offer. Their total holding in REL now exceeds 50%, consolidating their position as the largest shareholders in the company.