Bank for International Settlements (BIS) Current Affairs, GK & News

Renminbi Liquidity Arrangement

On June 25, 2022 the central bank of China inked an agreement with the Bank for International Settlements (BIS), for establishing a Renminbi Liquidity Arrangement (RMBLA). About Renminbi Liquidity Arrangement The Renminbi Liquidity Arrangement will provide support to participating central banks during market fluctuations. It could be used in periods of market volatility in future, In ..

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BIS: India’s bank credit-to-GDP ratio grows 56% in 2020

As per the latest data from Bank for International Settlements (BIS), incremental credit growth has decreased to 59-year low at 5.56% in Financial Year 2021. Key points As per data, bank credit-to-GDP ratio has increased to a five-year high at about 56% in 2020. However, this increase is way behind its peers and is half ..

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