financial stability

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    Global Forecasts Under Review as Leaders Address Supply Chain and Market Volatility

    Finance ministers and central bankers from the world's 191 member countries are convening in Washington, D.C., for the International Monetary Fund (IMF) and World Bank's spring meetings. The gathering, scheduled for April 13-18, aims to assess global economic uncertainties exacerbated by the...
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    BOK Cautious as Middle East Conflict Fuels Inflation Concerns

    Seoul, April 10 – South Korea's central bank kept its benchmark rate unchanged on Friday, as uncertainty in the Middle East prompted a cautious stance amid risks of inflation, currency weakness, and slower growth.In a widely anticipated decision, the Monetary Policy Board of the Bank of Korea...
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    RBI Governor Addresses HDFC Bank Resignation and Share Price Drop

    Mumbai, April 8 The Reserve Bank found no governance or conduct-related issues during its supervisory inspection of HDFC Bank, Governor Sanjay Malhotra said on Wednesday.Responding to a question at the post-monetary policy press conference on the sudden resignation of HDFC Bank Chairman Atanu...
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    Economic Resilience: GST Collections Reflect Strong Growth

    New Delhi, April 1 Domestic gross GST collections rose 8.8 per cent year-on-year to Rs 2 lakh crore in March 2026, driven by steady domestic revenues and a sharp increase in collections related to imports, according to official data released on Wednesday.Gross GST revenue stood at Rs 2,00,064...
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    Government Measures to Stabilize Economy Amid West Asia Conflict

    Government Takes Measures to Address West Asia Crisis New Delhi, March 30 – The government is implementing a series of measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability in response to the ongoing West Asia crisis, according to Minister of...
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    Energy Disruptions and Risk Aversion: South Korea's Financial Outlook

    Seoul Central Bank Warns of Rising Interest Rates Amid Middle East Conflict SEOUL, March 26 – The Bank of Korea (BOK) has issued a warning regarding potential upward pressure on market interest rates due to the escalating conflict in the Middle East. The central bank’s statement, released on...
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    Sri Lanka Aims for Faster IMF Funds

    Colombo, March 25 Sri Lanka is hoping to receive two installments of its bailout package from the IMF when the IMF team arrives here to complete its mission, Central Bank Governor Nandalal Weerasinghe said on Wednesday.An International Monetary Fund (IMF) team will arrive here on Thursday and...
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    Geopolitical Concerns Prompt Gold Loan Industry’s Deferral Request

    New Delhi, March 23 The Association of Gold Loan Companies (AGLOC) has sought a six-month deferral of the Reserve Bank of India's (RBI) revised guidelines on lending against gold and silver collateral, scheduled for implementation by April 1, 2026, citing emerging geopolitical uncertainty and...
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    JIF Capital Leads Funding Round for Mobility Platform LetzRyd

    LetzRyd Secures USD 4 Million in New Funding Round Investment Details New Delhi-based mobility fleet platform LetzRyd announced on Monday that it has raised USD 4 million (over Rs 35 crore) in a new funding round.Investors The round was led by JIF Capital Ltd. and included participation from...
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    HDFC Bank Chairman Quits Without Specifics, Raising Questions

    HDFC Bank Chairman Atanu Chakraborty Resigns Citing "Values and Ethics" Differences New Delhi/Mumbai, March 19 – HDFC Bank’s non-executive chairman Atanu Chakraborty has resigned abruptly, citing differences over "values and ethics," a rationale the bank described as baffling due to the absence...
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    HDFC Bank Faces Leadership Change, RBI Assures Stability

    RBI Reassures Stability at HDFC Bank After Chairman Resignation, Appoints Interim Leadership RBI Confirms Strong Governance and Financial Position New Delhi, March 19: The Reserve Bank of India on Thursday reaffirmed confidence in HDFC Bank, stating that the lender remains a Domestic...
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    Monetary Policy Uncertainty Grows Amid Middle East Tensions

    Fed Policy Uncertainty Rises Amid Middle East Tensions, Bank of Korea Signals Continued Rate Pause Global Risks Cloud US Monetary Policy Outlook Seoul, March 19: Uncertainty surrounding the future course of US monetary policy has intensified, driven by escalating geopolitical tensions in the...
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    Bank Compensates Clients Over Chandigarh Branch Incident

    IDFC FIRST Bank Pays ₹645 Crore to Clients Linked to Chandigarh Branch Incident Additional Claims Increase Compensation Amount IDFC FIRST Bank on Tuesday said it has paid a net principal amount of ₹645 crore to clients in connection with an incident at one of its branches in Chandigarh, revising...
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    Bank of Korea Holds Interest Rate at 2.5% as Growth Outlook Improves and Housing Risks Persist

    Bank of Korea Maintains Benchmark Rate for Sixth Straight MeetingSeoul, February 26: The Bank of Korea kept its benchmark interest rate unchanged at 2.5 percent on Thursday, signaling a cautious approach as policymakers balance stronger economic growth with mounting financial stability...
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    Tata Sons Leadership: Noel Tata’s Role in Chandrasekaran’s Reappointment

    Noel Tata Seeks Key Assurances Before Backing N Chandrasekaran’s Reappointment at Tata Sons In a significant development within the Tata Group, Noel Tata is believed to have sought firm commitments on three critical conditions before extending his support for the reappointment of N...
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    RBI Rules Out Systemic Risk After ₹590 Crore Fraud at IDFC First Bank Chandigarh Branch

    New Delhi, February 23: The Reserve Bank of India on Monday clarified that there is no systemic risk to the Indian banking system following the disclosure of a ₹590 crore fraud at the Chandigarh branch of IDFC First Bank. The central bank reiterated that it does not comment on individual banks...
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