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Bank Holidays in July 2024: Banks to remain closed for 12 days in July. Check complete list here
Hindustan Times· 1 day agoRBI releases a list of bank holidays each month and customers are advised to check the list in order...
Russia Ends Housing Mortgage Subsidy That Stoked a Property Boom
Livemint· 2 hours agoRussia is winding down a costly program of mortgage subsidies that’s fueled a property boom in the face of the Covid-19 pandemic and the war in Ukraine. The program provided mortgages at 8% ...
Myanmar central bank denies UN report on weapons transactions
CNBC Awaaz· 2 days agoMyanmar’s central bank denied a U.N. report that the country’s military government can still access...
Myanmar's central bank denies UN report on military's access to funds and weapons
Firstpost· 2 days agoMyanmar’s central bank denied a U.N. report that the country’s military government can still access...
Argentina Officials Move to Shore Up Bank Support for Debt Plan
Livemint· 9 hours agoA central bank spokesman said that there were more than 80 bank executives in the meeting. Officials reiterated that the crawling peg of 2% per month and ...
Don't obsess on inflation targets
The Economic Times· 1 day agoCentral banks have shown they can take forceful action to head off the most dramatic increase in inflation in a generation. Although the last mile to...
Household debt needs to be kept under watch
The Economic Times· 4 days agoMumbai: India's central bank has underscored the need to closely monitor household debt, having already raised the risk weighting on unsecured retail...
India, four SE Asia countries plan instant retail cross-border payments
The Economic Times· 18 hours agoThe central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together...
Central banks must prepare for profound impact of AI, BIS says
The Economic Times· 7 days agoCentral banks should embrace the benefits of artificial intelligence (AI) the Bank for International...
A warning shot from the bank for central banks: Are bond vigilantes lurking?
The Economic Times· 21 hours agoPublic debt is more like a glacier; it takes years or even decades to build up. The Bank for...
