India
The future of cash: an update
Antti Heinonen looks at the latest trends in cash use, including a surprising turnaround for the Swedish krona
RBI cuts rate amid ongoing banking sector concerns
Governor says central bank will re-examine regulation of co-operative banks
RBI tells public ‘no need to panic’ as mid-sized bank fails
Central bank seeks to quell fears of a second round of trouble after collapse of PMC Bank
RBI weighs reforms to liquidity framework
Report recommends retaining the corridor system and simplifying operations
RBI’s Das weighs up external economic threats
India’s external sector is resilient, but capital flows have been volatile and trade weak, governor says
RBI weighs plan to boost securitisation market
Government-sponsored intermediary could be formed to act as market maker and standard setter
Machine learning can produce better forecasts – RBI paper
ML tends to outperform standard models, but combining forecasts is best, authors say
RBI makes fresh bid to boost transmission mechanism
Banks mandated to link floating-rate loans to an external benchmark
The winners of the 2019 Fintech and Regtech Global Awards
Prizes awarded for outstanding work at the cutting edge of financial technology
Suptech focus – AI to the rescue?
With the increased use of artificial intelligence in financial services, Vizor Software explains why it is crucial that regulators increase their knowledge of the potential risks while simultaneously raising internal AI skill levels and usage.
RBI overhauling approach to risk management – annual report
Initiatives include improvements to enterprise risk management, risk tolerance and modelling
Uribe details aggressive Flar expansion plans
Latam fund chief José Darío Uribe on: Flar’s efforts to support regional financial stability; exposure to Venezuela; and more
RBI hands over chunk of its capital to government
Nearly $25 billion transferred to government as long-awaited Jalan report is submitted
RBI to harmonise ‘liquidity norms’ between banks and non-banks – Das
Governor says non-banks have not always maintained good risk management practices
RBI in fintech and 24/7 payments drive
RBI announces 24/7 electronic payments, anti-fraud registry and more
RBI implements fourth rate cut of the year
Central bank reduces interest rates by 35bp to 5.4%, as it lowers growth forecasts
People: Estonia appoints new deputy governor
Appointments in Estonia and India, while one official steps down at the Bank of Israel
IMF must do better in policing currency manipulation – RBI’s Das
Governor says shortcomings in IMF surveillance have led to US pressure on alleged manipulators
RBI looks to build domestic trust and global clout with new strategy
Central bank seeks return to stability after problems in non-bank sector and political pressure
RBI steps up liquidity support amid government credit push
Government launches credit guarantees for public sector banks that lend to non-bank financial firms
RBI set to benefit from granular data warehouse – Das
Central bank’s new “data access lab” will support innovative research, governor says
RBI: bank balance sheets appear to be on the mend
Turbulence of 2018 may have forced non-bank finance firms to face up to risks, says central bank
RBI takes complaints system digital
System will support supervision by giving people an easier means of submitting complaints
RBI deputy Acharya quits early
Viral Acharya was outspoken on issues of independence