Central bank

Things that would have been easily fixed a decade ago, or even five years ago, will soon be unsolvable by conventional means. And central bankers are the ones to blame.

RBI to allow offline payments through cards on pilot basis https://www.livemint.com/industry/banking/rbi-to-allow-offline-payments-through-cards-on-pilot-basis-11596710276117.html

​​​ A trans-friendly or inclusive labour culture is the need of the hour and this is a big step towards the inclusive revolution, Kerala-based ESAF Small Finance Bank said in a statement. The Reserve Bank of India in 2015 directed banks to include a separate column 'third gender' in all their forms and applications.

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A tight monetary policy refers to central bank policy aimed at cooling down an overheated economy and features higher interest rates and tighter money supply.

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The Bank of Canada will pay close attention to how the economy responds to both higher interest rates and a stronger Canadian dollar, and remains data-dependent as it looks ahead to further decisions on interest rates, a top official said on Monday.

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China's central bank took further action Saturday to stimulate its economy.The People's Bank of China is cutting the amount of money banks are required to hold on the sidelines, freeing up those funds instead to boost investment and growth.

Its been 88 years since India’s central bank, the Reserve Bank of India (RBI) was set up. On April 1, 1935, RBI was founded on the basis of the recommendations of the 1926 Royal Commission on Indian Currency and Finance, also known as the Hilton Young Commission.

Coming out with timeline for implementing the LEI, the RBI said borrowers with fund and non-fund exposure of Rs 1,000 crore and above will have to get the unique code by March 31, 2018.

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China's central bank surprised financial markets on Thursday by keeping the interest rate on its targeted medium-term lending facility (TMLF).

In late April, Coinbase took legal action against the U.S. Securities and Exchange Commission (SEC) to force the agency to clarify its rules on crypto assets.

The eurozone economy grew by 0.1% in the first quarter of the year, preliminary figures showed on Friday, even as Germany’s GDP flatlined over the period. #theeurozoneeconomy #Eurozoneeconomysize #theEuropeaneconomicarea #Eurozoneeconomyvsus #theeurozoneis #eurozoneexplained #zoneeuro #eurozone

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The U.S. government’s central bank has long been beholden to Wall Street. But it could be turned into an institutional force for economic progress.

BANK

The European Central Bank (ECB) is the central bank in charge of monetary policy for the 19 European Union members using the euro common currency.

Average inflation in FY18 is likely to remain benign and much below 4%, even though near-term inflation outlook is likely to see a vegetable-induced spike.