Friday, May 20, 2022
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Central Bank

Nigeria Announces Crypto Laws To Regulate, Standardise Digital Assets, Bitcoin Falls

Nigeria Announces Crypto Laws To Regulate, Standardise Digital Assets, Bitcoin Falls

Bitcoin fell by 3.21 per cent, while Ethereum fell by 3.43 per cent in the last 24 hours

14 May 2022
ICICI, Bank Of Baroda, Bank Of India, Central Bank Revise Lending Rates After Repo Rate Hike

ICICI, Bank Of Baroda, Bank Of India, Central Bank Revise Lending Rates After Repo Rate Hike

The increase in the repo by RBI will push up the cost for most of the personal loans, auto and home loans for customers as the new loans post-October 2019 are...

05 May 2022

Is This The Right Time To Get A ‘Fixed Rate’ Loan?

As the central bank has increased the repo rate, the interest rates on loans are set to rise. In such a scenario, would a ‘fixed rate’ loan be a good deal?...

IMF Urges India To Prioritise Food Security, Expand Transfers To Vulnerable

IMF Urges India To Prioritise Food Security, Expand Transfers To Vulnerable

Observing that inflation in India is somewhat elevated, he said that it is a little bit above the comfort zone for the Central Bank, which is already...

21 April 2022

RBI's New Geo-Location Framework Aims To Provide Greater Access to Digital Payments

Asks banks and non-bank payment system operators to submit nodal officer's contact details by March 31 to facilitate geo-tagging service for digital payments

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28 February 2022
Ruble Plummets As Sanctions Bite, Sending Russians To Banks

Ruble Plummets As Sanctions Bite, Sending Russians To Banks

Biden administration officials said Germany, France, the UK, Italy, Japan, European Union and others will join the U.S. in targeting the Russian central bank


28 February 2022
Rishi Sunak Imposes UK Banking Sanctions On Russia

Rishi Sunak Imposes UK Banking Sanctions On Russia

Under the plans, British people and businesses will be banned from making transactions with the Russian central bank, its finance ministry and its wealth fund.


28 February 2022
Russia's Central Bank Raises Rate To 20% To Help Ruble

Russia's Central Bank Raises Rate To 20% To Help Ruble

The Central Bank also ordered a slew of measures to help the banks cope with the crisis by infusing more cash into the system and easing restrictions for...


21 February 2022
RBI Imposes Rs 5 Lakh Penalty On Three Co-operative Banks

RBI Imposes Rs 5 Lakh Penalty On Three Co-operative Banks

A penalty of Rs 2 lakh has been imposed on Baramulla Central Co-operative Bank Limited, Jammu and Kashmir for violation of RBI directions prohibiting the...


14 July 2021
UK: Annual Inflation Rate Rises To 2.5% In June, Highest In Three Years

UK: Annual Inflation Rate Rises To 2.5% In June, Highest In Three Years

As per the Office for National Statistics the annual rate of inflation rose to 2.5% in June from 2.1% the previous month


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