Tag: Central Bank
Sri Lanka: Sri Lanka lifts import limits on 286 items as crisis eases
COLOMBO: Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to…
Retail inflation at 18-month low of 4.7%
NEW DELHI: India’s retail inflation slid to an 18-month low of 4.7% in April, compared to 5.66% in March, official data on Friday showed, bringing…
Capital Adequacy Ratio: RBI asks banks to remain prepared for shocks, have strong capital back up
The Reserve Bank of India wants bank managements and their boards to be on their toes all the time even as they have strong capital…
phonepe zestmoney debt: ETtech Exclusive: PhonePe may waive ZestMoney’s $18 mn debt after failed acquisition, pay $8 mn for commercial deal
After PhonePe pulled back from acquiring lending startup ZestMoney citing concerns raised during due diligence, the Walmart-owned digital payments major is looking to strike a…
Merger with HDFC: A mixed bag for HDFC Bank from RBI on forbearance requests
In a mixed bag for HDFC Bank ahead of the parent HDFC’s merger with itself, the Reserve Bank of India has declined to make exceptions…
IMF’s growth forecast for India may have errors, real numbers to come as a surprise: RBI
The Reserve Bank of India (RBI) has said that the International Monetary Fund’s growth forecast for India might be off the mark. “Although too early…
forex: India’s forex reserves rise $1.65 billion to $586.41 billion
India’s forex reserves rose $1.65 billion to $586.41 billion for the week ended April 14, data shared by the Reserve Bank of India stated on…
rbi bulletin: Substantial disinflation achieved, but road to be travelled stretches ahead till inflation is at 4 per cent: RBI Bulletin
The Reserve Bank of India (RBI) on Friday published its monthly bulletin where it stated that the Monetary policy is at work and substantial disinflation…
RBI RATE CUTS: RBI seen pivoting to rate cuts by year-end after a long pause
Borrowing costs in India have probably peaked, with the central bank expected to start cutting rates by the end of the year — that’s the…
India’s economy signals resilience even as exports dim outlook
India’s economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that’s…