AGP Executive Report
Last update: 5 hours agoRBI Bank Holiday Watch (India): Banks will shut on specific regional dates next week, with July Sundays (July 5, 12, 19, 26) also closed; online banking and UPI remain available even when branches are shut. Bangladesh Cash-Deposit Push: BNP MP AM Mahbub Uddin Khokon proposed temporarily scrapping Tk 500 and Tk 1,000 notes, giving people two months to deposit and “legalise” cash via a fee, arguing cash is sitting at home due to eroded trust. Philippines Credit Resilience: BSP says banks are well-positioned for shocks, citing liquidity, capital buffers and contained credit risks after Fitch flagged higher impairments. AI Policy Debate (Nepal): Nepal Rastra Bank officials said monetary policy should support the government’s budget, while experts urged a longer-term vision and tighter coordination with fiscal policy. Crypto Market Stress Signals: Reports flagged nearly 50,000 BTC moving to exchanges at a loss, pointing to short-term holder stress as Bitcoin defends key support near $59K–$60K. HDFC Governance Dispute (India): Ex-HDFC chairman Atanu Chakraborty denied failing to cooperate with an external legal review, saying he repeatedly requested the inquiry’s terms and legal basis.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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