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Latest Articles in central bank

Central Bank Of India Launches Contactless Debit Card In Association With NPCI

Users of Central Bank RuPay Select Debit Card can avail complementary membership and concessional access to golf courses, gyms, spas and restaurants

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China Central Bank Urges Wider Acceptance Of Cash As Payments Go Digital

China's online payments via barcodes and third-party payment apps such as Ant Group's Alipay and Tencent Holdings' Tenpay have gained in popularity over the years on government policies to promote innovation.

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India Retail Inflation Expected To Stay Above 7% In November, Economists Say

Retail inflation has stayed above the central bank's comfort zone of 2% to 6% for seven consecutive months, a streak not seen since August 2014.

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Monetary Policy: Repo Rate Remains Unchanged At 4%

On expected lines, the Monetary Policy Committee (MPC) has kept the Repo Rate unchanged at 4 per cent and have maintained an "accommodative" stance said RBI Governor Shaktikanta Das

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RBI'S MPC Starts Deliberation On Policy Rate

Retail inflation, calculated on the basis of CPI, continued to rise for the ninth month in a row in October, reaching 7.61 per cent on the back of high food prices.

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Global Stock Markets Slide At End Of Record November

On Wall Street, the Dow Jones Industrial Average fell 271.73 points, or 0.91%, to 29,638.64, the S&P 500 lost 16.72 points, or 0.46%, to 3,621.63 and the Nasdaq Composite dropped 7.11 points, or 0.06%, to 12,198.74.

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RBI Committee Suggests Allowing Corporates To Take Significant Bank Stakes

The working group committee, which was formed in June to review ownership guidelines and the corporate structure of Indian private sector banks, released its report on Friday.

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Bond Markets Should Brace For Tighter Central Bank Squeeze

Bank of England increased its bond-buying by a bigger-than-expected 150 billion pounds ($195 billion), while the Reserve Bank of Australia said it would buy $100 billion ($70.4 billion) in debt over the next six months.

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Singapore Central Bank To Issue Monetary Policy Statement On October 14

The city-state is also set to release its advance estimates for third-quarter gross domestic product (GDP) on the same day.

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Singapore Central Bank 'Closely Studying' Reports On Suspicious Bank Transfers

Banks from many countries were named in the report by the International Consortium of Investigative Journalists and based on leaked documents obtained by BuzzFeed News.

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S&P 500 Ends Higher On Growing Hopes Fed Will Stay Accommodative

The S&P 500 financial index fell 1.4%, with Citigroup Inc dropping 6.9% following a report that federal regulators were preparing to reprimand the U.S. lender for failing to improve its risk-management systems.

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Singapore Extends $60 Billion Swap Facility With Fed Through March 2021

The facility launched in March this year has already seen around $22 billion provided to banks for lending, the Monetary Authority of Singapore (MAS) said.

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Nepal's Central Bank unveils monetary policy for FY 2020-21 to mitigate economic effects of Covid-19

Nepal's Central Bank unveils monetary policy for FY 2020-21 to mitigate economic effects of Covid-19

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China's Central Bank Injects 30 Billion Yuan Into Market

China will pursue a prudent monetary policy in a more flexible and appropriate way, according to this year's government work report.

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Messy Play Or Clean Up Act?

The Central bank should be sensible and watchful while bumping radical changes at banks. Forceful governance standards won’t clean up the banking sector.

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