Page-2 of Topic: Central bank
Reserve Bank of India first Asia-Pacific (APAC) central bank to begin interest rate easing cycle
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...RBI signs a $75 billion Bilateral Swap Arrangement (BSA) with Japan’s central Bank
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 introduces its new currency ‘RTGS dollar’
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...UAE and Saudi Arabia launch a common digital currency “Aber”
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...RBI permits banks to provide PCE to NBFC bonds
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...India signs $75 bn currency swap agreement with Japan
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...Monetary Policy Committee (MPC) of RBI hikes policy repo rate by 25 basis points to 6.50%
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 named as best central bank governor in Asia-Pacific for 2018
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...RBI initiates PCA against Allahabad Bank over its high bad loans
The Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA) against public sector lender Allahabad Bank, owing to its high net Non-Performing Assets (NPAs) and negative...Reserve Bank of India (RBI) released its 4th bi-monthly monetary policy statement for year 2017-18
The Reserve Bank of India (RBI) has recently released its 4th bi-monthly monetary policy statement for the year 2017-18. As per the monetary policy statement, the policy repo...
Electoral Bonds: Meaning, Functions, Issues and Analysis
Scheme of Electoral bonds was first released in Budget-2017 to reform political funding. On January 2, 2018, the central government has outlined the contours of this scheme. Electoral...
