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CENTRAL BANK NEWS

Forex reserves gain for fourth week, hit near-five-month high

April 04, 2025 5:47 pm

In the week to which the reserves data pertains, the rupee gained 0.6% week-on-week, largely on the back of the return of foreign investors to the Indian equity market.

Pakistan central bank cuts key rate by 250 bps to 15%

November 04, 2024 7:00 pm

Average consumer price index inflation in the South Asian country is 8.7% in the current financial year, which started in July, the statistics bureau says.

Top 10 countries with the largest gold reserves, as of 2024 (Source Canva Pro)

Top 10 countries with the largest gold reserves in 2024—check India's rank

October 14, 2024 2:38 pm

With the Reserve Bank of India (RBI) adding gold every month in 2024, India has one of the largest gold reserves globally. Read on to find out where does it stand in the Top 10 list.

RBI Governor Shaktikanta Das: Top 10 central bankers rated A+ and A in 2024:

Top 10 central bankers rated A+ and A in 2024: RBI's Shaktikanta Das in the top three

December 10, 2024 12:18 pm

RBI Governor Shaktikanta Das: With his extensive experience in economic affairs and finance, RBI's Shaktikanta Das has been ranked among the top 3 and has received a grade of A+ in the Global Finance magazine's Central Banker Report Cards 2024 for two consecutive times.

Top 10 Richest Central Banks in the World in 2024 Notably, India's central bank—Reserve Bank of India, ranks 12th globally, as the richest central bank by total assets.(Reuters)

Top 10 richest global central banks in 2024—check India's RBI rank

August 09, 2024 1:00 pm

Top 10 richest global central banks in 2024: Notably, the Federal Reserve System of the United States of America ranks as the world's richest central bank, with assets worth $7.84 trillion, as per recent data by the Sovereign Wealth Fund Institute.

Political uncertainty impacting Pakistan economy, says central bank

May 14, 2024 6:39 pm

The State Bank of Pakistan said in its six-monthly report that there had been a moderate recovery in real economic activities since last year.

Central Bank Q1 results: Net profit surges 78% to Rs 418 crore

July 17, 2023 3:03 pm

Central Bank of India reported a 78 per cent rise in net profit at Rs 418 crore for the June quarter due to decline in bad loans and increase in interest income.

Central banks signal end of bank turmoil with cut in dollar funding line

April 25, 2023 3:29 pm

The daily tenders were made available after the failure of Silicon Valley Bank and the sale of Credit Suisse sent jitters across financial markets, raising the risk of liquidity shortages in case confidence falls further.

Pakistan central bank raises key rate 100bps to record 21%

April 04, 2023 5:48 pm

The key rate of the State Bank of Pakistan (SBP) now stands at a record 21% as the country struggles with consumer price inflation that reached its highest annual level ever of just over 35% in March.

Central banks step in as Credit Suisse collapses. India must monitor channels through which crisis can permeate into domestic economy

March 21, 2023 7:03 am

As policy makers across the world navigate this tumultuous period, for both the Indian government and the Reserve Bank of India, the policy framework must be guided by the objective of maintaining macroeconomic stability