The central government on Tuesday placed Tamil Nadu-based private sector lender Lakshmi Vilas Bank under a moratorium, capping withdrawals from its customers’ accounts at ₹ 25,000 a month, the Ministry...
Over 99 per cent of the Rs 15.3 lakh crore taken out of circulation through demonetisation in November 2016 has returned to the Reserve Bank of...
Beijing: The Chinese yuan on Friday weakened against the US dollar, which was pushed up by American President Donald Trump’s tax cut plan. The central parity...
Mumbai: Following expiry of the deadline to deposit demonetised currency in banks, the RBI on Friday relaxed the daily ATM withdrawal limit to Rs 4,500 from...
Mumbai: The Reserve Bank of India (RBI) on Wednesday kept the key lending rates at 6.25 per cent during the last monetary policy review of the...
Wellington: New Zealand’s central bank cut its official cash rate by 25 basis points to 2.5 percent on Thursday, citing concerns over growth at home and...
Antalya (Turkey): Prime Minister Narendra Modi arrived in Turkey’s Mediterranean city of Antalya on Saturday after a three-day visit to Britain for the annual G20 Summit...
Wellington: New Zealand’s central bank cautiously indicated on Wednesday that it could cut interest rates again this year as it seeks to lift inflation towards 2...
Chennai: The Reserve Bank of India (RBI) on Monday said it has signed an MoU with Bank of Botswana on “supervisory cooperation and exchange of supervisory information’....
Sydney: Australia’s central bank has left its official interest rates at a record low two-percent for the fifth straight month despite a moderately expanding global economy....
