India
RBI lifts operation restrictions on three state-run banks
Banks no longer face dividend and compensation limits after capital ratios improve
RBI can remove barriers to micro-credit – Acharya
Central bank looking to solve information problems in a “fundamental way”, says deputy
RBI governor: India must ‘brace’ for global turbulence
Shaktikanta Das stresses need to stay firm on banks’ asset quality, despite earlier leniency
Bhutan strengthens relations with India through payment co-ordination
New proposals will limit the number of tourists having to bring cash into the countries as ATMs and POSs become interoperable with local cards
CBSL inks deal with RBI to boost reserves
Swaps deal will help maintain reserves while talks with the IMF resume, central bank says
Nepalese central bank seeks Indian help over large denomination notes
Nepal Rastra Bank asks RBI to permit new Indian notes to be used as legal tender
India vulnerable to oil shocks – RBI research
Study weighs effects of oil shocks on current account, inflation and government finances
RBI reverses course on restructuring of troubled loans
Decision goes against previous demands that banks cease policy of “extend and pretend”
Hélène Rey offers advice on achieving monetary ‘emancipation’
Authorities may have to consider capital controls to break free from global financial forces, economist says
Demonetisation backer becomes new RBI governor
Former civil servant Shaktikanta Das picked to take over after Urjit Patel’s resignation
Indian governor resigns after conflict with government
Patel quits after threatening to resign over BJP’s attempts to use reserves
Indian economy still strong despite financial troubles – RBI
Rapid credit growth continues despite need for ongoing liquidity support for non-banks
RBI standoff ends in compromise after marathon meeting
Nine-hour meeting ends in agreement, but government extracts concessions on key issues
Rajan sees room for disagreement between RBI and government
But former governor says triggering Section 7 would be cause to be “very worried”
Government steps in as RBI row escalates
Governor Patel rumoured to have threatened resignation
Acharya makes pointed defence of RBI’s independence
Governments may “ignite economic fire” if they undermine the central bank, deputy says
RBI fights plan to strip it of payment powers
Central bank fears move would undermine its ability to regulate currency
RBI’s Acharya stresses need for ‘prompt corrective action’
Tool allows supervisors to intervene early and should discipline bank managers, deputy says
RBI holds policy rate steady despite growing imbalances
Rupee is under pressure and current account deficit widening, but inflation risks are still limited
RBI steps in to tackle liquidity crunch
Central bank steps up market operations as financial markets wobble
RBI’s Patel stresses value of ‘preventive vigilance’
Good outcomes more likely when actions subject to scrutiny, governor says
RBI prepared to step in as non-banks suffer liquidity shortage
Government and regulators stress readiness to act amid non-bank liquidity pressures
RBI’s Kanungo warns on fiscal imbalances
State governments have borrowed heavily, making the RBI’s job harder, the deputy says
RBI figures show demonetisation captured very little ‘black money’
Over 99% of banknotes were returned despite high cost to the economy