RBI cuts repo rate by 25 basis points to 6 pc, lowers GDP growth forecast for FY26
Mumbai, Apr 9,2025: Delivering second straight cut in key interest rate in the wake of softening retail inflation, the Reserve Bank ...
Bank of Japan raises interest rates to highest in 17 years, yen jumps
TOKYO, Jan 24,2025: The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and ...
Sanjay Malhotra appointed as new RBI Governor
December 10, 2024: The Centre on Monday announced the appointment of Revenue Secretary Sanjay Malhotra as the 26th Governor of the ...
Nepal accepts QR code payments in India & Bhutan
Kathmandu, June 29,2024: Three months after Indians were allowed to make payments in Nepal using their mobile phones, Nepal Rastra ...
Govt clears 8.15 pc interest on EPF deposits for FY23
New Delhi, July 24,2023: The central government has approved an 8.15 percent interest rate on deposits under the Employees Provident ...
Credit Suisse secures $54 billion lifeline as authorities rush to prevent global bank crisis
Mar 16,2023:Credit Suisse on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up its liquidity ...
India, Singapore link UPI-PayNow systems
New Delhi, Feb 21,2023: Prime Minister Narendra Modi on Tuesday termed it a special day for India-Singapore friendship and for their ...
EU lawmakers to vote on tighter crypto, environmental, social and governance (ESG) risk rules for banks
Jan 23,2023:Banks would have to set aside a punitive amount of capital to cover holdings of cryptoassets under a draft law due to be ...
Swiss National Bank ends era of foreign currency purchases
Sept 30,2022:The Swiss National Bank sold 5 million Swiss francs ($5.1 million) worth of foreign currency in market interventions in ...
EU payment in roubles for Russian gas would violate sanctions regime -document
BRUSSELS, April 14,2022: Payment for Russian gas in roubles by European Union buyers as demanded by President Vladimir Putin would ...