AGP Executive Report
Last update: 5 hours agoCentral Banking & Gold: Dutch central bank moved about 86 tonnes of gold from New York and Ottawa toward London, citing geopolitics, crisis readiness and easier access—part of a broader push as central banks buy more gold. South Korea Banking Watch: South Korea’s top commercial banks are seeing worsening loan asset quality and weaker loss-absorption capacity, raising concerns about a potential spike in problem loans as rates stay higher. India Liquidity & RBI: RBI drained about ₹6.12 lakh crore via overnight and 30-day liquidity operations as banking-system surplus liquidity hit record levels, highlighting the risk that excess cash can distort rate signals. Payments & Fintech: Juspay’s Hyperswitch expands as an open-source modular payments platform across US, Europe and UK, aiming to give merchants more control over processing and fraud tools. Tokenized Bonds: REC raised ₹500 crore via India’s first tokenized bond pilot, with banks and investors using RBI’s digital currency for settlement. Crypto on Balance Sheets: Brazil’s banks are adding crypto services for clients while keeping crypto off their balance sheets, reflecting a separation between consumer access and asset exposure. Remittances (Philippines): RCBC won “Remittance Bank of the Year” at ABF Awards, touting fintech-first, API-enabled cross-border transfers.
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.
Perspectify News
