Search For "central bank"
Robust kharif harvest, fresh crop arrivals, government interventions helpe
Updated : 2 years, 9 months ago IST
The central bank said there were upward pressures from an early onset of summer, heat waves and unseasonal rains on food prices in the first half of the year
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"Our banking sector stands out as strong and stable," says RBI Governor
Updated : 2 years, 9 months ago IST
Acknowledging the key role played by the banks, the RBI Governor said, "Over the years and especially in the recent period, banks have been able to maintain financial and operational resilience in the face of extreme stress originating from the COVID-19 pandemic, the continuing war in Europe
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"System has adequate currency notes, no reason to worry": RBI Governor on
Updated : 2 years, 9 months ago IST
Noting that there is no reason for worry over the move to withdraw Rs 2000 notes, which continue as legal tender, Reserve Bank of India Governor Shaktikanta Das has said the central bank has "more than adequate" notes of other denominations available
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Rs 2,000 notes to remain legal tender even after September 30
Updated : 2 years, 10 months ago IST
The central bank believes that four-month time is enough for people to exchange notes with the banks. Most of the Rs 2,000 notes that are in circulation is expected to return to banks within the given time frame of 30th September.
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India poised to grow at 6.2 pc in 2023-24: Morgan Stanley
Updated : 2 years, 10 months ago IST
In the three-day deliberations of the Monetary Policy Committee of the Reserve Bank of India in early April, Governor Shaktikanta Das said the central bank has projected India's real GDP growth for 2023-24 at 6.5 per cent
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Upside risks for inflation sizable, central banks must stay resolute: IMF'
Updated : 2 years, 10 months ago IST
She said central banks must remain resolute in keeping policies tight and recognize that insufficient monetary tightening now may necessitate even more painful actions down the road
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CBUAE imposes administrative sanctions on 8 banks operating in UAE
Updated : 2 years, 10 months ago IST
The administrative sanctions take into account the banks' failures to comply with the CBUAE's instructions not to grant any loans or credit facilities to the beneficiaries of loans granted by the NDDSF, including credit cards.
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Recent bank failures show need for vigilance: US Federal Reserve
Updated : 2 years, 10 months ago IST
One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which was struggling, first collapsed on March 10, after a run on the bank by the depositors.
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As part of United Nations humanitarian aid, USD40 Million cash package arr
Updated : 2 years, 10 months ago IST
Afghanistan's Central Bank, Da Afghanistan Bank (DAB) on Sunday announced that a fresh USD40 million cash package has reached Kabul amid the ongoing humanitarian crisis, and said this is the second cash shipment Kabul receives in less than four days, Khaama Press reported on Sunday.
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Pakistan's foreign reserves continue to decline due to loan repayment
Updated : 2 years, 10 months ago IST
The foreign exchange reserves continued their downward trend and fell to USD 4.38 billion in the week ending May 5, central bank data showed on Thursday.
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FM Sitharaman on 2-day visit to Japan from today for G7 meeting
Updated : 2 years, 10 months ago IST
The Union finance minister is on an official two-day visit to Niigata, Japan, for a 'Dialogue with partner countries' at the G7 Finance Ministers and Central Bank Governors meeting tomorrow (May 12, 2023), according to a tweet from the finance ministry.
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RBI imposes over Rs 1.73-cr fine on HSBC for wrong credit card data
Updated : 2 years, 10 months ago IST
The statutory inspection for supervisory evaluation (lSE) of the bank was conducted by RBI with reference to its financial position as on March 31, 2021, and the examination of the Risk Assessment Report and all related correspondences pertaining to the same, the central bank said.
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