AGP Executive Report
Last update: 2 hours agoRBI Rules: India’s central bank bars lenders from selling recovered immovable assets back to the borrower or related parties and caps disposal of “specified non-financial assets” at seven years, pushing banks toward public auctions and tighter valuation. UPI Fees: The government is considering bringing back UPI merchant fees for large businesses, a move that could shift costs from small shops to bigger retailers. Data Governance: RBI’s draft guidance would require banks, NBFCs and credit bureaus to tag customer data at collection with ownership, sensitivity, consent and retention details that follow the data across systems. Nigeria FX Oversight: CBN launches an FX BDC Purchase Tracker to monitor dollar sales in real time and curb speculation by bureau de change operators. Cloud Disruption: PayPay and Morpho report outages tied to Amazon Web Services failures, briefly disrupting payments and on-chain lending access. Wall Street Earnings: US mega-banks report strong profits as prime brokerage and deal fees surge, even as NIM pressure persists for some lenders. Crypto/Policy: A US Senate resolution moves to oppose any pardon for Sam Bankman-Fried, while Elliptic expands continuous crypto risk monitoring. Bangladesh Trade: Bangladesh Bank unveils a framework for FTZ import trade, setting rules for authorized dealers and offshore banking units.
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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