Central bank

RBI to allow offline payments through cards on pilot basis https://www.livemint.com/industry/banking/rbi-to-allow-offline-payments-through-cards-on-pilot-basis-11596710276117.html

Things that would have been easily fixed a decade ago, or even five years ago, will soon be unsolvable by conventional means. And central bankers are the ones to blame.

Average inflation in FY18 is likely to remain benign and much below 4%, even though near-term inflation outlook is likely to see a vegetable-induced spike.

​​​ A trans-friendly or inclusive labour culture is the need of the hour and this is a big step towards the inclusive revolution, Kerala-based ESAF Small Finance Bank said in a statement. The Reserve Bank of India in 2015 directed banks to include a separate column 'third gender' in all their forms and applications.

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A tight monetary policy refers to central bank policy aimed at cooling down an overheated economy and features higher interest rates and tighter money supply.

Its been 88 years since India’s central bank, the Reserve Bank of India (RBI) was set up. On April 1, 1935, RBI was founded on the basis of the recommendations of the 1926 Royal Commission on Indian Currency and Finance, also known as the Hilton Young Commission.

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The Bank of Canada will pay close attention to how the economy responds to both higher interest rates and a stronger Canadian dollar, and remains data-dependent as it looks ahead to further decisions on interest rates, a top official said on Monday.

The Chinese government will implement its monetary policy in a focused manner and ramp up financial support to domestic supply and demand to accelerate economic recovery this year, according to the country's central bank. It will work to reduce financing costs for market entities and help expand consumption, the People's Bank of China recently said.

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Germany’s central bank recently said the country’s economy, still struggling with the impact of high inflation, is set to recover only arduously from the crises of the past three years. This is reducing citizens’ purchasing power. The GDP is set to contract by 0.3 per cent and the inflation rate is set to fall from 2022’s 8.7 per cent to 6 per cent this year

China's central bank surprised financial markets on Thursday by keeping the interest rate on its targeted medium-term lending facility (TMLF).

The Bank of America published the results of its Fund Manager Survey for May. "Long Bitcoin" has become the most crowded trade in markets.

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China's central bank took further action Saturday to stimulate its economy.

The European Central Bank (ECB) is the central bank in charge of monetary policy for the 19 European Union members using the euro common currency.

Crypto bank Silvergate Capital Corp. has already seen its stock decline 87% in the past twelve months, but many traders judge it still has further downside.

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