Reserve Bank of India (RBI)
India cuts rates amid strong growth and low inflation
Malhotra says growth was at six-quarter high earlier this year as RBI eases by 25bp
Prioritise CBDCs over stablecoins, RBI’s Malhotra tells central banks
Indian central bank governor says CBDC collaboration needed to boost cross-border payments
People: Bunge made first deputy governor at Riksbank
Plus: Promotions in India and Singapore, and Santos Pereira takes charge in Portugal
India maintains wait-and-see approach with rates hold
RBI’s governor says effects of previous easing cycle and US tariffs have yet to play out
Book notes: Bankers’ trust, by Aditi Sahasrabuddhe
A novel investigation into how trust among central bankers – or lack thereof – helped and worsened crises of the past
Nexus’s new CEO on the future of the cross-border payments platform
Nexus Global Payments CEO Andrew McCormack discusses the multi-lateral instant payments system’s technical build-out, governance and launch strategy
Nexus will connect at least three Asian countries by 2027 – CEO
Company expects to announce winning bidder for contract to build payments platform by year’s end
People: Former RBI governor appointed to IMF
Plus: Blyth replaces Bowe on BoE’s FPC and WGC teams up with Elton John
RBI says its monetary framework serves India well
Central bank rejects idea of removing food from CPI index used for inflation targeting
India holds policy, thus ending easing cycle
Central bank leaves rate at 5.5%, citing lower inflation and continued risks from US tariffs
Central Banking Awards 2025 ceremony honours shining stars
Oscars of central banking recognise excellence in the community
RBI cuts rate by 50bp to 5.5%
Bank continues to loosen policy amid cooling inflation and global uncertainty
Bank notes: April to June 2025
A round-up of news and salient issues that have affected central bankers in the past three months
RBI reviews closed-system wallets after Blu-Smart’s demise
Users of electric cab company, which halted operations in April, were unable to access funds
BIS, SNB and World Bank advance promissory note tokenisation
Six other central banks tested the blockchain technology
Strong economy will protect India from trade tensions – RBI
Bank derives optimism from service exports and lower food prices in latest State of the Economy report
Indian bank stocks surge after RBI updates liquidity measures
New rules are less strict than originally planned
Non-banks should be intelligent about risk – RBI deputy governor
Swaminathan advises caution as he hails sector’s rise in credit market
Reserve Bank of India cuts benchmark rate to 6%
RBI hails fall in food inflation, but revises growth forecast down because of US tariffs
Banknotes: January to March 2025
A round-up of news and salient issues that have affected central bankers in the past three months
RBI hails AI’s potential in addressing customer grievances
Malhotra says technology should be integrated at “every stage” of complaints process