Topics: Central Bank

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Christine Lagarde: ECB Ready to help euro-zone banks

Welcoming the Swiss authorities' decision over Credit Suisse's takeover bid rival UBS, European Central Bank's (ECB) President, Christine Lagarde on Tuesday told the EU...

An interview with Ambarish Parekh, CEO of Paycraft

Today we speak to Ambarish Parekh, CEO of Paycraft to understand how Paycraft is shaping the online payment industry through its innovative product offerings. Read...

“I was sitting on the fence for the crypto segment,” says Anirudh. A. Damani of Artha Venture Fund

Speaking on the Finance Minister Niramala Sitharaman announcement on cryptocurrency during the Budget 2022-23, Anirudh. A. Damani, Managing Partner of Artha Venture Fund said, ...

Budget 2022-23: Banking, Finance, Neo Bank, NBFC Sector Reactions

Banking, Neo bank, NBFC & Business  market reactions on Budget 2022-23: As Finance Minister Nirmala Sitharaman on Tuesday made an announcement outlining the economic...

CBS Bank appointed as Agency Bank by RBI

CSB Bank has been empanelled as 'Agency Bank' by the Reserve Bank of India (RBI). This appointment will allow CSB Bank to undertake the...

“DeFi is dangerous,” says Senator Elizabeth Warren

During the Senate Banking Committee hearing on Stablecoins and DeFi, Massachusetts Senator Elizabeth Warren said, "DeFi is the most dangerous part of the crypto...

“We defer,” Jen Psaki on Federal Reserves ‘Peak Inflation’ projection

The White House (U.S) Spokesperson, Jen Psaki said, "We defer to the Federal Reserve and their assessments that they make, as they make predictions...

Anand Kumar Bajaj, MD & CEO of PayNearby on RBI Monetary Policy

Anand Kumar Bajaj, Founder, Managing Director & CEO of PayNearby on RBI Monetary Policy said, "The pandemic boosted the need for contactless payments and...

Sarvatra Technologies MD & Vice Chairman Mandar Agashe on RBI Monetary Policy

Commenting on the RBI Monetary Policy, Sarvatra Technologies Managing Director & Vice Chairman, Mandar Agashe said, "This year interestingly, despite record purchase transactions during...

Bandhan Bank Chief Economist & Head of Research Siddhartha Sanyal on RBI Monetary Policy

Speaking on the RBI Monetary Policy that was announced on Tuesday, Bandhan Bank's Chief Economist & Head of Research Siddhartha Sanyal said, "Maintaining status...

Tata Capital MD & CEO Rajiv Sabharwal on RBI Monetary Policy

Speaking on the monetary policy announced by the Reserve Bank Of India (RBI), Rajiv Sabharwal, Managing Director & CEO of Tata Capital said, "RBI...

Yes Bank Chief Economist Indranil Pan on RBI Monetary Policy

Speaking on the monetary policy announced by the Reserve Bank Of India (RBI) on Tuesday, Yes Bank's Chief Economist, Indranil Pan said, "Monetary policy...

RBI Monetary Policy: Repo Rate remains Unchanged, Inflation, GDP, UPI Transaction

Citing to the rising fear of COVID-19 Omicron variant in the country, The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on Tuesday...

Reopening of on-time restructuring for individuals & MSME is a great relief

The RBI's announcement of re-opening one-time restructuring for individuals and MSMEs till September 30, comes as a great relief.  Further in cases where, individual borrowers...

Former Governor of Bank of England Carney joins Stripe board

U.S.-based digital payment company Stripe Inc has announced the appointment of former governor of Bank of England (BOE), and Canadian Central Bank Mark Carney...

SBI Card appoints Ashwini Kumar Tewari as Managing Director & CEO

Leaders in card payment SBI Card has announced the appointment of Ashwini Kumar Tewari as its new Managing Director & CEO of the company. In...

Crosses rally on robust PMIs

Euro and Sterling rallied yesterday as France, Germany and UK manufacturing PMIs came in better than expected. Onshore, the USDINR spot moved lower yesterday to...

ICICI Bank allots 12,603 equity shares under ESOS

India-based private lender ICICI Bank has announced the allotment of 12,603 equity shares under the Employee Stock Option Scheme (ESOS). In a filing with the...

Market Analysis by Abhishek Goenka: Global Risk sentiment holds positive

Overall global risk sentiment was positive heading into the weekend with China reaffirming its commitment to adhere to the one phase trade deal with...

Punjab National Bank records net loss at Rs 697 crore in Q4

India-based public lender Punjab National Bank (PNB) has recorded a net loss of Rs 697.20 a crore in the fourth quarter. In a filing with...

Fed expresses concerns on the reopening of Coronavirus hit economy

Federal Reserve boss Jerome Powell has expressed concerns on the reopening of coronavirus hit economy. For latest news updates, business news and world news, Like...

Innovative “Eco-Business Park” To Be Built In Canadian City

The City of Summerside, Prince Edward Island, Canada is allocating $10 million towards the construction of an eco-industrial park that is meant to foster...

Coronavirus pandemic: Bank Of Canada slices key interest rate to 0.25 percent

In a bid to revive the coronavirus-affected economy, the Bank of Canada on Friday announced its plans to reduce its interest rate to 0.25...

Market Analysis: Stocks rise, USD weakened after US Congress approves stimulus package

We witnessed an emphatic recovery in global equities in the past couple of days. The US parliament approved a USD 2tn stimulus package which...

Market Analysis by Abhishek Goenka: Why is rupee not depreciating till now despite USD strength?

The Rupee has been one of the better-performing currencies amid the extreme panic and turmoil we have witnessed in global markets. On previous occasions...

Market Analysis by Abhishek Goenka, “Fed obliges the president; cuts rates to zero”

Just three days before the policy, the US Fed has cut overnight Federal funds rate by 1% to 0-0.25% range. It has also announced USD...

TG TV: Lagarde says “COVID-19 will have a significant impact on economic activity”

The President of the European Central Bank, Christine Lagarde on Saturday, said that “The recent outbreak of Coronavirus (COVID-19), will have a significant impact on economic...

In-depth analysis: Supreme Court lifts ban on trading cryptocurrency in India

The Supreme Court of India has lifted the ban from the cryptocurrency Industry on the trading of virtual currency, cryptocurrency, and bitcoin. Background of the...

Coronavirus Outbreak: China cleans, locks away banknotes to stop virus spread

China is disinfecting and isolating used banknotes as part of efforts to stop the spread of the new coronavirus that has killed more than...

Coronavirus Outbreak: Over $420 billion wipes out from China's stock market

Investors erased $420 billion from China's benchmark stock index on January 3, sold the yuan and dumped commodities as fears about the spreading novel...

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