Search For "financial stability"
Indian economy facing strong global headwinds but strong fundamentals lend
Updated : 1 month ago IST
The Indian economy is confronting strong global headwinds but sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and financial system stability, said RBI in its Financial Stability Report on Thursday.
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Pak central bank says govt failed to achieve financial, price stability de
Updated : 1 month ago IST
The State Bank of Pakistan has estimated that growth in FY23 would be less than the low range set for the year.
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RBI Governor-headed committee reviews global, domestic economic situation
Updated : 2 months, 2 weeks ago IST
During the meeting, major developments in the global and domestic economy as well as in various segments of the financial system were reviewed, a statement from RBI said on Tuesday. It also discussed certain inter-regulatory issues.
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Supreme Court upholds 10 per cent quota for economically weaker sections i
Updated : 2 months, 3 weeks ago IST
The Supreme Court in a majority judgment on Monday upheld the validity of the Constitution's 103rd Amendment Act 2019, which provides for 10 per cent EWS reservation and observed that it does not violate essential features of the Constitution.
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India looking forward to expanding bilateral cooperation: Sitharaman tells
Updated : 3 months, 2 weeks ago IST
Washington [US], October 13 (ANI): Union Finance Minister Nirmala Sitharaman met her Bhutan counterpart Lyonpo Namgay Tshering in Washington on Wednesday and expressed India's wish to expand bilateral cooperation between the two countries including hydropower, COVID-19 assistance, among othe
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RBI releases 'concept note' on Central Bank Digital Currency
Updated : 3 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], October 7 (ANI): The Reserve Bank of India (RBI) on Friday released a so-called 'concept note' on Central Bank Digital Currency (CBDC) with an objective to create awareness about the planned features of the digital rupee.
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Nirmala Sitharaman chairs 26th meeting of Financial Stability and Developm
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], September 16 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy at the Financial Stability and Development Council (FSDC) meeting in Mumbai, the Ministry of Finance said in a statement.
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Crypto trade growing in Asia, need regulatory frameworks to protect invest
Updated : 5 months, 1 week ago IST
New Delhi [India], August 23 (ANI): Digitalization of the payment system can aid in the transition to the environmentally-conscious method of payments and also foster financial inclusion but at the same time crypto assets can pose risks to financial stability, the International Monetary Fund
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RBI's digital lending norms to change operating model of NBFCs
Updated : 5 months, 1 week ago IST
New Delhi [India], August 20 (ANI): The digital lending norms announced by the Reserve Bank of India (RBI) on August 10, 2022, aim to usher in orderly growth and financial stability, check malpractices, strengthen transparency, and protect customer interests. They would, however, raise opera
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Report says Pakistan is victim of Chinese trade deficit
Updated : 6 months, 1 week ago IST
Islamabad [Pakistan], July 25 (ANI): Merged with a debt trap, the Chinese Belt and Road Initiative has jolted the financial stability of many other countries including Pakistan which faces a severe deficit in trade balance with Beijing.
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ECB warns crypto markets pose financial stability risks
Updated : 6 months, 3 weeks ago IST
Frankfurt [Germany], July 12 (ANI): The nature and scale of crypto markets are evolving rapidly, said the European Central Bank (ECB), adding that if the current trends continue, it will pose risks to financial stability.
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Financial Stability Board to propose crypto regulations
Updated : 6 months, 3 weeks ago IST
Basel [Switzerland], July 12 (ANI): The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, will report to the G20 finance ministers and central bank governors in October on regulatory and supervisory aspects of stableco
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