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Latest Articles in central bank

Lankan Court Again Extends Travel Ban On Central Bank's Ex-governor

For the second time, a local court on Monday extended the travel ban on Ajith Nivard Cabraal, former governor of the Central Bank of Sri Lanka, from travelling abroad

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Central Bank Of India To Close 13% Of Its Branches: Report

It is the most drastic step the lender has taken to improve its finances and will be followed by the sale of non-core assets such as real estate

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Cenbank Committed To Inflation Target, Says Chief Shaktikanta Das

"Today's inflation print is expected to be around 6%. So that should not surprise or create any alarm, because we have taken that into consideration," Das said.

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Central Bank Holds Rates; Says Economy Needs Continued Support

The median forecast in a Reuters poll predicted the RBI would raise the reverse repo rate by 20 basis points to re-align it with short-term money market rates and narrow the corridor with the key lending rate.

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Central Bank Q3 Profit Jumps 69% At Rs 279 Cr On Core Income Growth

Central Bank of India on Friday reported 69 per cent jump in net profit at Rs 279 cr for the quarter ended December 2021 on the back of healthy growth in core income and fall in bad loan proportion.

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Asian Stocks Rise Ahead Of Central Bank Meetings

Shares advanced in Shanghai, Tokyo and Hong Kong, which are the bulk of Asia''s market capitalisation. Seoul and Sydney declined.

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Govt Extends Tenures Of Union Bank, Central Bank Of India's Executive Directors

The Department of Financial Services, through a notification on August 26, has also extended the term of office of Ashok Srivastava, executive director of Central Bank of India, the lender said in a separate filing.

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RBI Imposes Rs 1 Lakh Penalty On Melur Co-Operative Urban Bank, Madurai

The RBI said statutory returns submitted by the bank for the period ended March 2020, revealed, inter alia, 'contravention of / non-compliance' with the directions on Board of Directors - UCBs.

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Indian Bank Executive Dir K Ramachandran Demits Office; Central Bank Gets New Shareholder Director

Shares of Indian Bank closed 2 per cent down at Rs 142 apiece on BSE. Central Bank of India scrip ended 0.89 per cent lower at Rs 27.85.

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RBI In A Bind Amid Weak Growth, Surging Inflation; May Not Hike Rates Till Q1 FY23: Report

The central bank may hike the repo rate only by the first quarter of next fiscal (April-June 2022) and continue to maintain the accommodative stance in the interim

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RBI Turns Net Buyer Of US Dollar In April; Purchases USD 4.212 Bn

The central bank had net sold USD 5.699 billion of the US currency. It had purchased USD 20.25 billion and sold USD 25.949 billion in the spot market.

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India Fastest-Growing Fintech Market, Ahead Of US In Financial Innovation: Senator Steve Daines

'India is among the fastest-growing FinTech markets in the world. In fact, India processed nearly 10 billion more real-time payments than China in 2020, USD 25.5 billion, versus USD 15.7 billion for China

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Central Bank Expected To Keep Rates Steady, Liquidity Steps Eyed

The policy outcomes are no longer just a statement of rate action but much more

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Central Bank Of India Launches Deposit Scheme To Boost COVID-19 Vax Drive

The cumulative number of COVID-19 vaccine doses administered in the country has crossed 10.45 crore as India marked day-2 of the countrywide 'tika utsav'.

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Stock Markets Roiled By Global Bond Whiplash

The European Central Bank is monitoring the recent surge in government bond borrowing costs but will not try to control the yield curve, ECB chief economist Philip Lane told a Spanish newspaper.

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