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...
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...
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...
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...
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...