India
RBI unveils exclusive internet domains for banks and non-banks
Central bank also proposes additional authentication factors for cross-border payments
FX interventions ‘excessive’, says RBI’s former regional head
India’s central bank nevertheless claims its actions to prop up rupee have been effective
Distributions allow better state-level forecasts – RBI paper
Authors find new method incorporating inflation and expectations can cut forecast errors
Book notes: A fly on the RBI wall: an insider’s view of the central bank, by Alpana Killawala
This book offers insights into the inner workings of the growing Indian economy and pro tips on communication
India appoints Malhotra as central bank governor
Government chooses not to renew Das’s term for another three years
Reserve Bank of India holds policy rate
Governor says decision reflected need to tackle high inflation without stymying “resilient” growth
Cross-currency letters of credit gaining popularity in Asia
Divergent central bank policies see CNH LCs increasingly used to cover USD invoices
Indian central bank postpones IM go-live date
RBI communicated delay to initial margin rules one day before planned November 8 implementation
Central bankers weigh up prospects for Project Nexus
Policy-makers from Asean states, India and EU discuss goals for multilateral cross-border payments link
Three plans for digital payments: India, UK, and BIS
Das, Bailey, and Carstens discuss complementary tech, commercial bank innovation, and common platforms
RBI governor warns of financial stability risks from AI
Das calls on banks to guard against liquidity stresses resulting from disinformation
Reserve Bank of India holds interest rates
Decision comes despite weakening inflation
India agrees currency swap with Maldives
RBI to provide $760bn in support to archipelago
Alpana Killawala on communications under six governors at the RBI
The former RBI comms chief speaks about the importance of strategic communications, courting the media, open mouth operations and altering a governor’s ‘rock star’ image
Phasing out coal-fired power could ultimately pay for itself – BdF paper
Authors say gains from lower operating and finance costs could compensate for outlay costs
India’s central bank to launch digital lending platform
New interface will enable frictionless credit, RBI governor claims
Food inflation spills over in India – RBI study
Central bank economists call for disinflationary monetary policy to tame phenomenon
Inflation in India falls to five-year low
Food inflation is also at its lowest level for more than a year
US’s indirect reliance on Chinese goods rises – NY Fed research
Study finds country’s largest partners are importing increasing amounts of goods from China
RBI holds rates as food inflation persists
Governor says better weather and improved agricultural yields should relieve price pressures
Malaysia is latest country to seek Brics membership
However, uncertainty remains over whether Saudi Arabia will join emerging economies bloc