Reserve Bank of India (RBI)
RBI calls for better compliance and risk management in NBFCs
Compliance should transcend box ticking and delve deeper, deputy governor says
People: RBI appoints senior officials
Liz Oakes to join Bank of England FPC; European Central Bank names head of information systems
Bundesbank’s Nagel: central bank business models are changing
Panetta says wholesale CBDC likely to launch sooner than retail; Das gives update on digital rupee
RBI forbids major bank from adding new customers digitally
Kotak Mahindra’s IT systems showed “serious deficiencies and non-compliances”, regulator says
Food prices remain a risk to disinflation – RBI research
Extreme weather events may also pose risks in the near term
RBI increases payments surveillance during elections
Indian central bank tells system operators to watch for suspicious transactions, report says
RBI keeps interest rates flat as food prices raise concerns
Food inflation could "unhinge" anchoring of inflation expectations, governor says
Banknotes: January to March 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Central Banking Awards 2024: first winners unveiled
Awards go to Central bank of the year, plus Reserve manager, Risk manager and more
Asian central banks co-ordinating CBDC work in ‘near real time’
RBI deputy governor says Seacen members tend to use public-key cryptography in their design
RBI challenges IMF’s call for larger fiscal consolidation
Study argues bigger budget cuts not necessary if government focuses on development spending
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