Gold Silver Reports – In A First, Citi Launches T-Bill Rate Linked Home Loan – Even as rivals continue to be reluctant about adopting external benchmarks for settinglending rates, American lender Citi today launched the country’s first market benchmark rate-linked lending product.
Money Market
At Gold Silver Reports, we cover the latest money market news and analysis, including interest rates, financial updates, investment trends, and economic insights. Stay updated with expert coverage to make smarter financial and trading decisions.
Reserve Bank of India Sets April 30 Deadline For Linking SWIFT With Core Banking
Gold Silver Reports – Reserve Bank of India Sets April 30 Deadline For Linking SWIFT With Core Banking — The Reserve Bank of India has asked banks to finish fully integrating the core banking system with the SWIFT messaging network by April 30, two bankers in the know said.
Buffett Warns Investors That Safe-Looking Bonds Can Be Risky
Gold Silver Reports – Buffett Warns Investors That Safe-Looking Bonds Can Be Risky — Billionaire investor Warren Buffett used his widely-read annual letter to Berkshire Hathaway Inc. shareholders on Saturday to again call out the wasteful fees that many money managers charge. He highlighted the risk of bonds and emphasized the importance of sticking with a simple investment strategy.
India to Bar Cryptocurrencies From its Payments System: Finance Ministry official
Gold Silver Reports – India to Bar Cryptocurrencies From its Payments System: Finance Ministry official — India is planning steps to ensure cryptocurrencies are illegal within its payments system, while at the same time appointing a regulator to oversee unregulated exchanges that trade in “crypto assets,” a finance ministry official said on Monday.
Bitcoin Is the New Gold
Gold Silver Reports — Bitcoin Is the New Gold — I hate to say I told you so, but … well, I told you so. Bitcoin, 1 while still a popular financial asset, is looking less and less like a currency. Online payments company Stripe is ending Bitcoin support. It cites several reasons for doing so:
The Metal’s Recent Rise isn’t About Inflation Rising or Cryptocurrencies Falling
Gold Silver Reports – The Metal’s Recent Rise isn’t About Inflation Rising or Cryptocurrencies Falling — Gold has been on a tear of late, climbing more than $100 per troy ounce in the last six weeks, briefly exceeding the 2017 high of $1,359 in the process.
Ross Declares Trade War Under Way in Rhetorical Split With Trump
Gold Silver Reports – Ross Declares Trade War Under Way in Rhetorical Split With Trump – Trade wars “are fought every single day,” and the U.S. has been engaged in one “for quite a little while,” Commerce Secretary Wilbur Ross said in comments that diverge from President Donald Trump.