Tag: Central Bank
India’s weak Q2 growth widens divide between government, Reserve Bank priorities
India’s central bank is under increasing political pressure to cut interest rates as soon as this week, after data showed growth was much weaker than…
Cryptocurrencies huge risks to financial stability: RBI Governor Das
Cryptocurrencies are huge risks to financial stability, and monetary stability, Reserve Bank of India Governor Shantikanta Das said Friday, asserting it may create a situation…
Rs 2000 notes: Since withdrawal, 98% of Rs 2,000 notes have been returned: RBI
The Reserve Bank of India on Tuesday said 98 per cent of the Rs 2,000 denomination notes have been returned since its May 2023 move…
RBI looks to soften blow of tighter infrastructure funding rules
The Reserve Bank of India (RBI) is contemplating a staggered implementation of the increase in provisioning for project financing to soften the blow on lenders…
gold reserves: RBI’s forex reserves fall $4.8 bn to $670 bn in week ended August 9
The Reserve Bank of India’s foreign exchange reserves declined by $4.8 billion to $670.12 billion in the week ended August 9, with the central bank…
forex reserves: India’s forex reserves touch a fresh high of $674.9 bn as of Aug 2
The Reserve Bank of Indias’ foreign exchange reserves touched a fresh high of $674.9 billion in the week ended 2nd August, central bank data showed….
repo rate: Lending and deposit rate moderate sequentially
Even as the transmission of the 250 basis point repo rate increase since May 2022 is still under way, some banks have even lowered lending…
RBI web series: RBI plans 5-episode web series to showcase 90-year journey
The Reserve Bank of India (RBI) is planning a five-episode web series to provide an in-depth presentation about its functions and its 90-year journey. The…
Sri Lanka cuts key rates as expected amid easing inflationary pressures
COLOMBO: Sri Lanka‘s central bank cut its key rates by 200 basis points on Thursday, in line with expectations, as inflation continued to slow and…
Singapore central bank reports net loss of USD 22.8 billion in 2022-2023 FY
Singapore’s central bank has recorded its largest net loss of SGD 30.8 billion (USD 22.8 billion) in the 2022-2023 financial year mainly due to its…