Central Bank
- Business
India’s forex reserves jump USD 3.293 bln to USD 696.61 bln
Mumbai: India’s forex reserves jumped by USD 3.293 billion to USD 696.61 billion in the week to December 26, the RBI said on Friday. The overall kitty had increased by USD 4.368…
- Middle East
Iran names new central bank governor amid soaring inflation
Tehran: Iran on Wednesday, December 31, appointed a new governor to the central bank after the former one resigned following a record currency fall against the US dollar that sparked large protests.…
- Business
Three-day RBI MPC meeting begins on Monday
New Delhi: The much-awaited Reserve Bank of India’s Monetary Policy Committee (MPC) meeting from August 4-6 comes at a time when the global economy is facing fresh challenges amid US tariffs —…
- Business
Another RBI rate cut to spark affordable real estate momentum: Experts
New Delhi: As the Reserve Bank of India (RBI) prepares for its monetary policy committee (MPC) meeting this week, industry experts said on Tuesday that the transmission of rate cuts into lower…
- India
RBI MPC may cut repo rate on June 6 as inflation cools: Analysts
New Delhi: As the RBI’s Monetary Policy Committee (MPC) is set to meet later this week, analysts on Monday expected the Central Bank to go for a third consecutive rate cut of…
- Business
Economists see RBI dividend to govt surpassing record Rs 2.5 lakh cr in 2025-26
Mumbai: Economists expect the Reserve Bank of India’s (RBI) dividend to the government to surpass a record over Rs 2.5 lakh crore this year as the central bank earnings, through the sale…
- Business
India has 879.59 metric tonnes of gold, 511.99 MT held domestically: RBI
New Delhi: The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold at the end of March 2025, of which 511.99 metric tonnes were held domestically, the Central Bank…
- Business
BOK rules out inclusion of bitcoin in foreign exchange reserves
Seoul: The South Korean central bank has called for a “cautious approach” to the idea of including bitcoin as foreign exchange reserves given its price volatility, officials said on Sunday. There have…
- Business
RBI fines JM Financial Products Ltd, Experian Credit Information Company
New Delhi: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 3.10 lakh on JM Financial Products Limited over non-compliance. The penalty was imposed for not complying with…
- Business
RBI to inject Rs 2.5 lakh crore to enhance liquidity in banking system
Mumbai: The Reserve Bank of India (RBI) was all set to inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction on Wednesday to enhance liquidity in the banking system. The…
- World
Sri Lankan economy records 4.5% growth in fourth quarter of 2023: Central Bank
Colombo: After six successive quarters of negative growth, Sri Lanka’s bankrupt economy is estimated to have recorded a growth of 4.5 per cent year-on-year in the fourth quarter of 2023, the Central…
- Pakistan
Saudi Arabia extends term of USD 3 billion deposit to Pakistan: Central bank
Islamabad: In a major relief to debt-ridden Pakistan’s struggling economy, Saudi Arabia has extended the term of its USD 3 billion deposit with the country’s central bank for another year, according to…
- World
Pak rupee drops to new low owing to withdrawal of restrictions on imports
Pakistan’s rupee plunged to a record low on the interbank market on Tuesday, August 22 following the decision to ease in import restrictions that has lifted demand for the dollar, central bank…
- Middle East
UAE one of fastest-growing economies in 2022: CBUAE
Abu Dhabi: The UAE’s real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of oil GDP, according to the Financial Stability Report for…
- Middle East
Hafize Erkan becomes first woman to head Central Bank in Turkey
Ankara: Former Wall Street executive Dr Hafize Gaye Erkan is the first woman to be elected as the governor of Turkey’s New Central Bank on Friday. She replaces Sahap Kavcioglu. Erkan’s appointment comes within…
