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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...

April 25, 2019

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...

March 4, 2019

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...

February 26, 2019

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...

January 31, 2019

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...

November 3, 2018

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...

October 30, 2018

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...

August 2, 2018

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...

January 7, 2018

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...

January 5, 2018

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...

October 4, 2017

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...

February 23, 2017

Central Bank auctions Treasury Bills under MSS

Reserve Bank of India today auctioned 35-days Treasury Bills worth Rs. 60,000 Crores under the aegis of Market Stabilization Scheme as a step to clean the extra liquidity...

December 6, 2016

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