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Pakistan PM Imran's party operating 18 undeclared bank accounts: central bank

According to a report submitted by the State Bank of Pakistan (SBP) to the Election Commission of Pakistan (ECP), the Pakistan Tehreek-i-Insaf (PTI) is operating at least 18 undeclared bank accounts across the country.

Across the Aisle: The day of reckoning

The sensible course for the government and the RBI is to put aside the issue of reserves and focus on the immediate concerns.


China's Central Bank says no change to monetary policy despite April loans missing expectations

Banks made 555.6 billion yuan ($85.21 billion) in net new yuan loans in April, much lower than expected and less than half the 1.37 trillion yuan seen in March.


CPI inflation for December, 2014 was also revised to 4.28 per cent on the new base year as against the earlier reading of 5 per cent with 2010 as base year.

Application process for small, payment banks to start by month-end: Rajan

The Reserve Bank of India will invite applications for small and payment banks by the end of the current month.

US Fed retains rate at record low, ends bond buying

The timing and pace of interest rate hikes would depend on incoming economic data, the US Federal Reserve said.


RBI may push rate cut till fiscal-end on ‘base effect’ woes

Retail inflation may shoot up to 8% by March 2015.

Investors bullish on India, expect it to outperform peers: Citigroup

Foreign investors are bullish on India with likely boost in economic growth coupled with lower inflation...

Banking on ourselves

What we must learn and unlearn from the West’s financial overhaul.

Govt can fire me but I set the monetary policy, says Rajan

The central bank, he said, works with the finance ministry and he has regular conversations with the finance minister.