Saint Petersburg [Russia], June 18 (ANI): As Myanmar intends to join Russia's financial messaging system (FMS), the central banks of the two countries are negotiating, U Aung Naing Oo, Minister of investment and foreign economic relations of Myanmar, said on Saturday.
Mumbai (Maharashtra) [India], June 18 (ANI): Sharp increase in interest rates by the US Federal Reserve and other central banks have battered equities markets across the world with India's key indices Sensex and Nifty slumping by more than 5 per cent during the week, posting their biggest we
Mumbai (Maharashtra) [India], June 13 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty on Urban Co-operative Bank Ltd, Budaun for contravention of the central bank's regulations.
Dhaka [Bangladesh], June 11 (ANI): Finance Secretary Abdur Rouf Talukder has been appointed as the new governor of Bangladesh Bank, local media stated on Saturday.
Beijing [China], June 6 (ANI): The Finance Ministers and Central Bank Governors of BRICS countries issued a joint statement at a virtual meeting on Monday, reaching consensus on deepening financial cooperation and strengthening coordination on macroeconomic policy.
New Delhi [India], June 6 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman participated via virtual mode in the second BRICS Finance Ministers and Central Bank Governors (FMCBG) meeting under the BRICS China chairmanship on Monday.
Islamabad [Pakistan], June 6 (ANI): Amidst Pakistan's failure to address the financial issues concerning the CPEC projects, Prime Minister Shehbaz Sharif has directed the country's State Bank to hold meetings with the Chinese banks for bilateral trade using China's Renminbi (RMB) and Paki
Yangon [Myanmar], June 4 (ANI/Xinhua): The Central Bank of Myanmar (CBM) has added 137 more companies to a blacklist for failing to deposit export earnings into accounts in domestic banks within the prescribed periods.
New York [US], May 31 (ANI/PRNewswire): Fireblocks (www.fireblocks.com), the industry leader and award-winning digital asset and crypto technology provider, announced today it has appointed the former Head of Fintech at the Bank of England, Varun Paul, as its new Central Banking Digital Curr
New Delhi [India], May 30 (ANI): Inflation is likely to come down in the coming months as the government as well as the central bank have taken the required measures to cool down the price rise, Ajay Seth, Secretary, Department of Economic Affairs, said on Monday.
Mumbai (Maharashtra) [India], May 28 (ANI): The Reserve Bank of India (RBI) proposes to adopt a graded approach for the introduction of digital currency in the country, according to the RBI's annual report for FY 2021-22.
New Delhi [India], May 28 (ANI): The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of cu