Tag: central bank
India A Major Driver Of Emerging Economies' Growth: Arun Jaitley
Finance Minister Arun Jaitley said that emerging economies have become increasingly important, accounting for more than 75 per cent of global growth, and that India has been a major driver of global economic growth. ....
RBI Is Accountable, Government Runs Country: Shaktikanta Das
Declaring that he will uphold the "autonomy, integrity and credibility" of the RBI, newly-appointed Governor Shaktikanta Das said on Wednesday that the government is responsible for running the country and the central bank is also accountable.....
RBI Maintains Key Rates, But Eases Liquidity
Rising inflationary pressure and concerns over "fiscal slippage" prompted India's central bank, the RBI, on Wednesday to maintain its key lending rates.....
Urjit Patel's Resignation Signals Dangerous Trend: AIBEA
Although the All India Bank Employees Association (AIBEA) had earlier demanded RBI Governor Urjit Patel's resignation, his calling it quits on Monday has left the banking body shocked and disturbed and it has termed it a "dangerous trend".....
RBI To Give Nepal Rs 1 Bn In 100-rupee Notes
The Reserve Bank of India (RBI) has agreed to provide Rs 1 billion to the Nepal Rastra Bank (NRB) after its request that the country was facing a shortage of INR 100 denomination banknotes.....
S.Korean Currency's Volatility To $ Hit 6-year High In 2016
South Korean currency's volatility to the US dollar hit the highest in six years in 2016 on external uncertainties including the presidential election and the expected rate hike in the US, central bank data showed on Thursday.....
US Fed Likely To Hike Interest Rate On Wednesday
Market expectations of an interest rate hike by the US Federal Reserve later on Wednesday have heightened sharply following strong employment data released last week.....
Chinese Central Bank Investment In ICICI Bank Raises Eyebrows
After the disclosure of a holding in HDFC, the Chinese central bank Peoples Bank of China has now acquired an equity stake in ICICI Bank.....
FM Sitharaman Attends G20 Central Bank Governors' Meet
Union Finance and Corporate Affairs Minister Nirmala Sitharaman has participated virtually in the First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Italian Presidency to discuss policy actions for transformative and equitable recovery.....
Taliban Hands Over Seized Cash, Gold To Afghan Central Bank
The Taliban has handed over about $12.3 million cash and some gold to Da Afghanistan Bank (DAB), the country's central bank, a statement said on Thursday. ....
