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Central Bank

Ruble

Russia's Central Bank Increases Interest Rates To Try To Prop Up Falling Ruble

The Russian currency passed 101 rubles to the dollar on Monday, losing more than a third of its value since the beginning of the year and hitting the lowest level in almost 17 months

15 August 2023

RBI Digital Payments Index Surges 13.24% YoY As Online Transactions Jump 50%

RBI’s Digital Payments Index (RBI-DPI) shows a four-fold increase since 2018, with digital payments growing 13.24 per cent last year alone.

28 July 2023

Latest Crypto News: Canadians, Britons Worry Over Govt. Control On CBDCs, Poly Network Hack Generates Billions in Non-Existent Tokens

Here are some of the major developments from the world of crypto over the past few days

03 July 2023

Central Banks' Gold Buying Spree: Unveiling Strategic Motives

Unveiling strategic motives behind Central Banks' gold buying spree

Discover why central banks worldwide are stockpiling gold and the potential impacts of this strategic move on economies and global markets. Explore the reasons behind this trend in our in-depth analysis

12 August 2023

Central Bank of India

Central Bank Q1 Profit Surges 78% To Rs 418 Crore

Total income during the quarter under review increased to Rs 8,184 crore from Rs 6,357 crore in FY23, Central Bank of India said in a regulatory filing

17 July 2023

stocks

Europe Inflation Slips To 5.5% — But That Won't Stop Central Bank Rate Hikes

The annual rate of 5.5% was down from 6.1% in May in the 20 countries that use the euro currency, the European Union statistics agency Eurostat said Friday.

30 June 2023

RBI Treasury Bill and Bond Auction Update: Short Yields Rise After RBI Decision; T-Bills’ Highest Yield 6.94%

Money market yields will remain volatile next week, as banking system liquidity is expected to stay “comfortable despite ICRR”.

12 August 2023

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Reserve Bank of India, RBI

RBI Assigns Additional Responsibilities To 3 DGs As M K Jain Demits Office

Deputy Governor Jain was looking after departments of Co-ordination, Central Security Cell, Consumer Education and Protection Department, Department of Supervision, Financial Inclusion and Development Department, and Human...

22 June 2023

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14 June 2023
RBI Governor Shaktikanta Das Presented 'Governor Of The Year' Award In London

RBI Governor Shaktikanta Das Presented 'Governor Of The Year' Award In London

RBI Governor Shaktikanta Das was conferred the award by 'Central Banking' which definitively covers and analyses issues around the world’s central banks and...


27 May 2023
Leave Encashment Explained: Rules, Limits, & Taxation

Leave Encashment Explained: Rules, Limits, & Taxation

Your unused leaves can turn into additional income. Learn about the leave encashment rules, limits, and taxation for the salaried class.


24 May 2023
New Zealand's Central Bank Raises Key Interest Rate To 5.5% But Signals Next Move Will Be A Cut

New Zealand's Central Bank Raises Key Interest Rate To 5.5% But Signals Next Move Will Be A Cut

The Reserve Bank of New Zealand has been raising rates to try and tame inflation, which in New Zealand has fallen from a recent peak of 7.3 per cent last June...


05 May 2023
Will Gold Continue To Deliver Positive Returns In 2023? Here’s What WGC Report Says

Will Gold Continue To Deliver Positive Returns In 2023? Here’s What WGC Report Says

The World Gold Council predicts that a rise in gold demand, especially from central banks due to its role in international reserve portfolios, will keep gold...


03 May 2023
RBI Announces Auction Of Three Govt Securities With Yields of 7.06-7.36%

RBI Announces Auction Of Three Govt Securities With Yields of 7.06-7.36%

RBI said buyers must submit the bids in the electronic format for both competitive and non-competitive bids on its Core Banking Solution (E-Kuber) system by...


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07 April 2023
RBI Has Paused Repo Rate Hikes. Should You Lock-In Your FD At The Current Rates?

RBI Has Paused Repo Rate Hikes. Should You Lock-In Your FD At The Current Rates?

RBI’s repo rate pause at 6.5 per cent has come as a relief for most bank loan customers, but what does it mean for depositors?


25 February 2023
RBI's Deposit Insurance Scheme: Know The Types Of Deposits Covered

RBI's Deposit Insurance Scheme: Know The Types Of Deposits Covered

The RBI will protect your money deposited in any bank up to Rs 5 lakh in insolvent cases. Learn more about the deposits covered by the deposit insurance...


17 February 2023
RBI Global Hackathon To Make Digital Financial Services Accessible For Differently Abled. Details Here

RBI Global Hackathon To Make Digital Financial Services Accessible For Differently Abled. Details Here

RBI’s second global hackathon has invited participants from all over the to develop solutions for new and easy-to-use digital banking services for the...


02 February 2023
RBI Evaluates Banks' Exposure To Adani Group Companies: Report

RBI Evaluates Banks' Exposure To Adani Group Companies: Report

The Reserve Bank of India is evaluating the details of some of the major banks who have exposure to the Adani Group


23 January 2023
RBI Extends Time for Bank Locker Renewal Agreements. Check For More Details

RBI Extends Time for Bank Locker Renewal Agreements. Check For More Details

In addition, it said that if lockers were already 'frozen' due to the non-execution of the agreements by January 1, 2023, the same should be unfrozen...


23 January 2023
Banks Get Time Till December-End To Execute Revised Agreement With Locker Holders

Banks Get Time Till December-End To Execute Revised Agreement With Locker Holders

The RBI also said in cases where operations in lockers have been frozen for non-execution of agreement by January 1, 2023, "the same shall be unfrozen with...


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16 January 2023
States' Fiscal Health Show Improvement: RBI Report

States' Fiscal Health Show Improvement: RBI Report

The central bank also advised States to continue to focus on creating a congenial ecosystem for greater private investments


16 January 2023
World Shares Mostly Higher Ahead Of China GDP Data

World Shares Mostly Higher Ahead Of China GDP Data

Germany's DAX edged 0.1 per cent higher to 15,101.73 and the CAC 40 in Paris was nearly unchanged at 7,022.46


23 December 2022
Here's All You Need To Know About Global CBDC Pilot Projects

Here's All You Need To Know About Global CBDC Pilot Projects

Countries that contribute to more than 95 per cent of the global gross domestic product are exploring CBDC, at present


20 December 2022
In A Surprise Move, Bank Of Japan Loosens Bond Yield Cap

In A Surprise Move, Bank Of Japan Loosens Bond Yield Cap

The central bank on Tuesday said that it would allow the yield curve on the Japanese Government Bond to range 50 basis points either side of its 0% target, up...


10 December 2022
Home Loan Rates Breach 9% Mark: What Borrowers Must Consider

Home Loan Rates Breach 9% Mark: What Borrowers Must Consider

Home loan rates have increased further as the Reserve Bank of India (RBI) has raised the repo rates. Here is how you can manage your home loan EMIs.


09 December 2022
Reduced Inflation, Softening Growth Demands Vigilance From Investors, Says World Gold Council

Reduced Inflation, Softening Growth Demands Vigilance From Investors, Says World Gold Council

Gold is both a consumer good and an investible asset, its performance driven by economic expansion, risk, opportunity cost and momentum. A “soft landing”...


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