Latest News for: Banking stability

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Russia assesses impact of possible US seizure of assets

Russia Today 26 Apr 2024
Russia’s financial stability will not be affected if the US seizes its frozen assets, Bank of Russia Governor Elvira Nabiullina told journalists on Friday ... assets that are sitting in US banks.
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RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

The Times of India 26 Apr 2024
S&P anticipates that Kotak Mahindra Bank may need around a year to address the RBI's concerns related to system stability and ...
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World Bank exposes key driver of high inflation

Cryptopolitan 26 Apr 2024
The World Bank has shed light on a big economic challenge ... As of the past year, the World Bank’s index shows that prices have stabilized, effectively capping the period of deflationary influence these commodities had on the global economy.
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Household debt hits record high as Indians splurge, study shows

Deccan Herald 26 Apr 2024
... warnings.</p><p>The regulator fears that a rising share of unsecured loans could build stress in banks’ books if they turn sour and threaten financial stability of the financial system.
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Central Bank Digital Currencies in the Middle East and Central Asia

International Monetary Fund 26 Apr 2024
... and central bank operational risk? How can CBDC design help achieve policy objectives and mitigate these risks? The paper provides preliminary answers to these questions at the regional level.
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Consumers can rest easier after SARB launches CODI to safeguard depositors in case of bank failures

Independent online (SA) 26 Apr 2024
“The strength, stability and responsible management of South African banks is an essential business and economic asset for South Africa, which helps to attract and facilitate domestic and foreign investment.
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BOJ maintains interest rates, sends yen to new 34-year low

Asahi News 26 Apr 2024
The Bank of Japan decided to ... BOJ Governor Kazuo Ueda has said the central bank will consider an additional hike if the probability of achieving its price stability target of 2 percent increases.
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IMF says Egypt to address central bank overdrafts, off-budget activity

Live Mint 26 Apr 2024
The report, released four weeks after the International Monetary Fund's board approved an $8 billion financial support programme, said Egypt had also committed to addressing vulnerabilities such as central bank lending to public agencies.
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Stocks to Watch: Tech Mahindra, HCLTech, Indigo, Tata Steel, ICICI Bank, Vedanta

Live Mint 26 Apr 2024
... one blast furnace during the transition would have led to at least £1.6 billion in extra costs, posed operational and safety risks, and jeopardized the future stability of the business.IndusInd Bank.
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De-dollarization and emerging economic realities

The Manila Times 26 Apr 2024
Moreover, as the US administration intensifies sanctions, the risks associated with holding dollar-denominated assets amplify, prompting central banks and policymakers to seek diversification in international financing.
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Stagflation fears just hit Wall Street. Now for the next crucial report on prices

CNN 26 Apr 2024
The central bank is responsible for stabilizing prices and maximizing employment, not specifically boosting growth ... Wall Street earlier this year expected that the central bank would ease rates as many as six times in 2024, beginning in March.
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No limit to how low the yen will go

Asiatimes 26 Apr 2024
It’s not where the Bank of Japan wanted to find itself this week as it mulled interest rate policy ... No policy shift would stabilize consumer prices faster than a weaker yuan. Might Xi and People’s Bank ...
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Taxing Unrealized Gains Would Obliterate The U.S. Economy

The Liberty Beacon 26 Apr 2024
If the administration really wanted to address the problem of wealth inequality, it would be setting its sights on the central bank that sacrificed price stability so it could spray trillions of ...
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African Development Bank Executive Director and Sudanese Envoy Discuss Crucial Support Amid Ongoing Conflict

Capital Ethiopia 25 Apr 2024
Darkortey, who also represents the Gambia, Ghana, Liberia, and Sierra Leone at the Bank, expressed solidarity with Sudan in recognition of the devastating impact of the conflict on peace and stability.
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