Reserve Bank of India (RBI) would propose strict rules on opening and operating current accounts of corporate borrowers to prevent the diversion of funds. RBI had notified that...
The six-member expert committee led by former RBI governor Bimal Jalan was appointed on December 26, 2018 to review the Economic Capital Framework (ECF) for the Reserve Bank...
Fitch Ratings has recently said in its APAC sovereign credit overview report that the Reserve Bank of India (RBI) is the first Asia-Pacific (APAC) central bank to begin...
The Reserve Bank of India (RBI) and Bank of Japan (BOJ) have signed a Bilateral Swap Arrangement (BSA) for $75 billion that will help in bringing greater stability...
Zimbabwe has recently introduced its new currency, dubbed as Real Time Gross Settlement (RTGS) dollar, after the Reserve Bank of Zimbabwe (RBZ) announced measures to try and resolve...
The central banks of the UAE and Saudi Arabia have launched a common digital currency called “Aber”, which will be used in financial settlements between the two countries...
The Reserve Bank of India (RBI) has recently permitted banks to grant Partial Credit Enhancement (PCE), or a partial guarantee, to bonds issued by systematically important non-deposit taking...
The Government of India (GoI) has recently signed $75 bn bilateral currency swap agreement with Japan to bring greater stability in foreign exchange and capital markets in the...
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) hiked policy repo rate by 25 basis points to 6.50% in its third bi-monthly monetary policy...
Ravi Menon, an Indian-origin banker in Singapore has been named as the best central bank governor in Asia-Pacific for 2018 by the leading UK-based magazine ‘The Banker’ for...
