Search For "central bank"
RBI expected to hold policy rate again at next review meeting: Crisil
Updated : 2 years, 6 months ago IST
The monetary policy committee of the Reserve Bank of India is expected to again hold the policy rate in the next meeting, as the central bank awaits a clearer picture on the inflation trajectory, said Crisil in a report.
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Pakistan’s debt, liabilities soar to Rs 56.21 trillion in FY23
Updated : 2 years, 7 months ago IST
Pakistan’s total debt and liabilities have risen by 29 per cent to Rs 56.21 trillion in the fiscal year that ended on June 30, the country’s central bank said on Wednesday. This comes as the government borrowed heavily to finance its spending requirements, as per Dawn.
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Indian stock indices plunge on weak US market cues
Updated : 2 years, 7 months ago IST
Indian stock indices plunged Thursday morning tracking weak global benchmark US markets, which fell as its central bank Federal Reserve said another hike in interest rate may be needed to tame inflation and bring it to 2 per cent target.
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CBUAE imposes financial sanction on exchange house operating in UAE
Updated : 2 years, 7 months ago IST
The Central Bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree-Law No.20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations, and Article
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CBUAE revokes licence of Dirham Exchange and registration of RMB Commercia
Updated : 2 years, 7 months ago IST
The administrative sanctions are the result of the examinations’ findings conducted by the CBUAE, revealing serious regulatory misconduct, including AML misconduct and collusion in evading CBUAE’s instructions to the exchange house not to engage in remittance transactions with certain countr
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Experts expect status quo in interest rates from ongoing RBI monetary poli
Updated : 2 years, 7 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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Lebanon, previously described as Switzerland of Middle East, is now in com
Updated : 2 years, 7 months ago IST
Lebanon, which in the past was called the “Switzerland of the Middle East” is now in complete meltdown, due to widespread corruption and reckless and unrestrained public spending by the various factions controlling the political life in the country.
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Delhi Police nab couple accused of mortgaging same property from Maharasht
Updated : 2 years, 7 months ago IST
The Economic Offences Wing of Delhi Police on Saturday arrested an absconding couple accused of forging documents in an alleged case of mortgaging the same property with a consortium of banks, police informed through a statement.
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Authorisation of INR as designated currency does not make it a legal tende
Updated : 2 years, 7 months ago IST
The Central Bank of Sri Lanka (CBSL) has clarified certain misrepresentations of facts currently circulating in the public domain on Indian Rupee (INR).
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UAE: Central Bank raises base rate by 25 basis points
Updated : 2 years, 7 months ago IST
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points – from 5.15 to 5.40 per cent, effective from Thursday, 27th July 2023.
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Jaishankar, World Bank chief Banga discuss “concerns of Global South"
Updated : 2 years, 7 months ago IST
Indian-American Ajay Banga, who is in Gandhinagar in Gujarat to attend the third G20 Finance Ministers and Central Bank Governors Meeting, met Jaishankar on Wednesday and talked about India’s endeavours to “propel larger development.”
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Afghanistan’s Central Bank to auction USD 14 million
Updated : 2 years, 7 months ago IST
Afghanistan’s Central Bank Da Afghanistan Bank (DAB) will auction USD 14 million by Wednesday to stabilize the national currency Afghani exchange rate, reported Khaama Press as stated by Afghanistan Central Bank.
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