RBI Liquidity Boost: India’s central bank injected Rs 1.41 lakh crore into the banking system via a 7-day VRR auction to plug a short-term liquidity deficit and keep money-market rates from spiking. Macro Pressure on Banks: OCBC cut its Philippines 2026 growth forecast to 3.8% as stagflation risks rise, a reminder that weaker growth and higher inflation can pressure credit quality. Sovereign-Bank Link Worsens: The Financial Stability Council warned widening fiscal deficits are pushing governments to lean more on domestic funding, increasing banks’ exposure to sovereign debt and tightening private-sector liquidity. Banking Governance Tension: Cyprus banks urged policymakers to avoid populist foreclosure moves that could destabilize the system, while Nepal Rastra Bank’s new micromanagement rules sparked debate over bank autonomy. Digital Finance & Regulation: HKMA set AI supervisory priorities for banks’ financial-crime controls, and Starling named former HSBC Europe chief Colin Bell as chair as it diversifies income. Payments & Market Infrastructure: Tradeweb launched electronic spread trading for European credit portfolios, and Finastra’s Swift Service Bureau upgrade helps Nordiska connect directly to Swift and Sweden’s settlement rails. Crypto Remittance Shift: South Korea’s crypto exchanges processed more cross-border transfers than banks, driven by lower fees and faster remittances. Market Mood: Global tech-led selloff hit equities, with India’s Sensex and Nifty closing sharply lower as IT and banking stocks dragged sentiment.