International finance institutions Current Affairs, GK & News

Nirmala Sitharaman leads Indian delegation at G20 Finance Ministers and Central Bank Governors in Washington

In Washington DC, Union Finance Minister Nirmala Sitharaman led the Indian delegation at G20 Finance Ministers and Central Bank Governors as well as the BRICS Finance Ministers and Central Bank Governors meetings on the side-lines of the IMF/World Bank Annual Meetings. The focus of discussions in the G20 Finance Ministers and Central Bank Governors Meeting ..

Topics: 

Siddharth Tiwari appointed as new Chief Representative for Asia and Pacific by Bank for International Settlements (BIS)

The Bank for International Settlements (BIS) has appointed Siddharth Tiwari as the Chief Representative for Asia and the Pacific. He succeeded Eli Remolona. At BIS, he will work to strengthen the connection between BIS and the central banks in the area he oversees. He will lead efforts to enhance understanding of issues that are important ..

Topics: 

India signs $300 million agreement with World Bank for Energy Efficiency Scale-Up Program

The Government of India (GoI) and the World Bank signed a $220 million Loan Agreement and a $80 million Guarantee Agreement for the India Energy Efficiency Scale-Up Program. The program will be implemented by the Energy Efficiency Services Limited (EESL). It will help scale-up the deployment of energy saving measures in residential and public sectors. ..

Category: 

Topics: 

Government Enters into Agreement with World Bank on Biotech

The Government of India (GoI) has entered into a legal agreement with the World Bank for a flexible financing arrangement to accelerate research towards early development for biopharmaceuticals. A Statement issued by the government said the mission has been approved at a cost of 250 million dollars for five years with 50 per cent funding ..

Month: 

Topics: 

Financial Stability Board

After the global financial crisis of 2007, the G-20 has created an institution called Financial Stability Board to design sophisticated regulation measures for banks to prevent future bank failure. Beside this, the central banks of each country identify Domestic Systemically Important Banks (D-SIBs). While the Basel Committee on Banking Supervision (BCBS) started to identify big ..

Topics: 

1 / 3123