Banks and fintechs will be outcompeted by stablecoins
Finances

Banks and fintechs will be outcompeted by stablecoins

[ad_1] Your article “Banks and fintechs join ‘stablecoin gold rush’” (FT.com, March 10) misses two key points regarding stablecoins. Stablecoins don’t just facilitate payments in

Derivatives accounting hit: IndusInd Bank’s stock loses about a quarter of its value in a single day
Business

Derivatives accounting hit: IndusInd Bank’s stock loses about a quarter of its value in a single day

[ad_1] The estimated hit of about ₹1,500 crore to the balance sheet due to discrepancies in the accounting of derivatives portfolio, shorter tenure approved by

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