India
Malaysia is latest country to seek Brics membership
However, uncertainty remains over whether Saudi Arabia will join emerging economies bloc
IMF warns of slowing disinflation path
Higher interest rates in advanced economies could trigger “harmful spillovers”, chief economist warns
BIS instant payments trial to move from ‘concept to reality’
India joins Project Nexus as it prepares for “live implementation”
PBoC and RBI have highest-ever gold holdings, WGC says
PBoC paused gold purchases in May for first time since November 2022
Reserve Bank of India plans to take payments system to 20 countries
Peruvian central bank signs agreement to use India’s Unified Payment Interface
RBI holds rates as food inflation lingers
Normal monsoon could bring prices down, Indian central bank says
RBI launches platform to digitise regulation
Central bank also launches mobile app to buy and sell government securities
Getting Chiang Mai right
Asia’s emergency infrastructure is on the right track, but there is still room for improvement
RBI payout to Indian government more than doubles
Dividend boosts public finances as new government set to take office in early June
Food prices keep Indian inflation up – RBI
Target may only be reached in H2, central bank research says
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
BIS’s Zhang Tao on why Asian central banks favour a broader policy mix
The BIS’s Asia chief speaks with Christopher Jeffery and Jimmy Choi about supporting liquidity, financial stability and innovation in the Asia-Pacific region
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
Central Banking Awards 2024: second group of winners unveiled
Ukraine’s Andriy Pyshnyy named Governor of the year
Central Banking Awards 2024: first winners unveiled
Awards go to Central bank of the year, plus Reserve manager, Risk manager and more
RBI challenges IMF’s call for larger fiscal consolidation
Study argues bigger budget cuts not necessary if government focuses on development spending
India and Nepal to set up cross-border payments link
Project adds to growing list of similar bilateral initiatives in Asia
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