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Latest Articles in central bank
India's Inflation Remains Elevated And Generalised: RBI's Patra
Monetary policy must persevere with the withdrawal of accommodation, says Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI)
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War Against Inflation Has To Continue
"With unyielding core inflation, we remain firm and resolute in our pursuit of price stability which is the best guarantee for sustainable growth," says Shaktikanta Das, Governor, Reserve Bank of India (RBI)
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India To Lose Fastest-growing Economy Tag In 2023
An advanced estimate is used by the government to decide its spending priorities in the upcoming federal budget on 1, February 2023, the last full-year expenditure plan of the central government before the upcoming elections in 2024.
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Fed Agrees On Slowing Rate Hikes But Fight Against Inflation Continues
The minutes of the December meeting, which were released on Wednesday, showed that officials remain focused on taming inflation and expressed concern over financial markets perceiving slowdown in rate hikes as weakening in the bank's resolve to fight inflation
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India Is Particularly Vulnerable To Climate Change: RBI Deputy Guv
Climate trends have a direct bearing on the economy and resultantly have an impact on financial institutions and systems, said Rajeshwar Rao, Deputy Governor, Reserve Bank of India
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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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