Reserve Bank of India (RBI)
RBI extends deadline for Paytm to close lender
Central bank continues to target fintech for “persistent non-compliance”
India and Nepal to set up cross-border payments link
Project adds to growing list of similar bilateral initiatives in Asia
RBI proposes self-regulation for fintechs
Move comes as India hailed as one of sector’s “most significant operating countries”
RBI deputy calls on government to tackle bankruptcy backlog
Courts are struggling to deal with caseload, putting progress on credit quality at risk, official says
Indian financial sector is resilient despite lower capital ratios – RBI
Banks pass stress tests, but RBI warns of decline in capital ratios and problems at some non-banks
RBI continues holding policy rate at 6.5%
Central bank warns food prices pose upside risk to inflation
Managing reserves amid climate change and home-shoring
Central banks can still make asset allocations with solid climate outcomes, despite slippage in the net-zero timetable, writes Gary Smith
RBI replaces bank’s management over governance concerns
Supervisors intervene over “poor governance standards” but allow lender to continue operating
RBI’s Das warns banks to avoid ‘exuberance’ as credit surges
Indian central bank tightens macro-prudential policy on consumer credit
People: Philadelphia Fed hires new number two
Indian and UK central banks make senior appointments; and more
People: Novelist named to Honduras central bank board
SNB official retires next year; two new vice-presidents at ADB; and more
Reserve managers vote BlackRock as overall best asset manager
Goldman Sachs and “other” asset management firms also score highly
RBI’s CBDC pilot has 1.5 million users, says Das
Governor says project is aiming to reach one million daily transactions by December
Central Banking Awards 2023: Gallery
See the winners from the big night, including leading figures from across the industry who came to pick up their awards
Banknotes: July to September 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Central bank communicators at a time of transparency
Specialists discuss the evolving roles of comms staff in the policy-making process
RBI’s Das calls for action on debt distress
“Bigger and stronger” IMF could do more to tackle widespread debt problems, governor says
RBI holds main rate as food prices drive inflation surge
Indian central bank imposes cash ratio on banks as Das says food-driven shock may be temporary
People round-up: Breeden promoted to BoE deputy governor
Former Moroccan governor dies; Tonga appoints deputies; and more
Forward guidance loses power when rates rise, RBI research finds
Tool is useful at lower bound but is much less effective during normal conditions, paper argues
Book notes: Forks in the road, by C Rangarajan
A memoir by one of India’s most distinguished governors, who presided over critical policy issues such as the 1990s’ balance-of-payments crisis
UAE and India to create bilateral settlement system
Messaging link would remove need for Swift, RBI governor says
Currency round-up: New yen banknotes to arrive in July 2024
De La Rue outlook brightens; Egypt continues transition to polymer; and more
RBI’s Shaktikanta Das on financial sector reform, sticking to inflation targets and the e-rupee
The Reserve Bank of India governor speaks about developing credible self-insurance and sizeable FX reserves, inter-dependence with government, non-bank and bank regulatory reforms, demonetisation, rupee internationalisation and daily UPI payments hitting…