India
RBI replaces bank’s management over governance concerns
Supervisors intervene over “poor governance standards” but allow lender to continue operating
RBI’s Das warns banks to avoid ‘exuberance’ as credit surges
Indian central bank tightens macro-prudential policy on consumer credit
People: Philadelphia Fed hires new number two
Indian and UK central banks make senior appointments; and more
Public trust: the role of the private sector in exploring digital currency
Digital currencies that effectively protect financial privacy in lawful transactions will garner enduring confidence in the highly integrated networks of the future, argue J Christopher Giancarlo and Daniel Gorfine
Book notes: Economists in the cold war, by Alan Bollard
A geographically balanced review of key economists that shaped the world economy
People: Novelist named to Honduras central bank board
SNB official retires next year; two new vice-presidents at ADB; and more
RBI’s CBDC pilot has 1.5 million users, says Das
Governor says project is aiming to reach one million daily transactions by December
Central Banking Awards 2023: Gallery
See the winners from the big night, including leading figures from across the industry who came to pick up their awards
Central bank communicators at a time of transparency
Specialists discuss the evolving roles of comms staff in the policy-making process
RBI’s Das calls for action on debt distress
“Bigger and stronger” IMF could do more to tackle widespread debt problems, governor says
RBI holds main rate as food prices drive inflation surge
Indian central bank imposes cash ratio on banks as Das says food-driven shock may be temporary
Book notes: The crisis of democratic capitalism, by Martin Wolf
A sincere attempt to explain and fix the failing of capitalism in liberal democracies
People round-up: Breeden promoted to BoE deputy governor
Former Moroccan governor dies; Tonga appoints deputies; and more
Book notes: Forks in the road, by C Rangarajan
A memoir by one of India’s most distinguished governors, who presided over critical policy issues such as the 1990s’ balance-of-payments crisis
People: Natia Turnava becomes first woman to lead NBG
National Bank of Georgia names Turnava acting governor; RBI appoints deputy; and more
Currency round-up: New yen banknotes to arrive in July 2024
De La Rue outlook brightens; Egypt continues transition to polymer; and more
RBI’s Shaktikanta Das on financial sector reform, sticking to inflation targets and the e-rupee
The Reserve Bank of India governor speaks about developing credible self-insurance and sizeable FX reserves, inter-dependence with government, non-bank and bank regulatory reforms, demonetisation, rupee internationalisation and daily UPI payments hitting…
Central Banking Awards 2023: highlights from the ceremony
Event heard from award winners including Stefan Ingves, Shaktikanta Das and Andriy Pyshnyy
RBI expands branch network to north-east India
Kohima branch gives central bank presence in six of region’s seven states
Explicit policy guidance ‘fraught with risks’ – RBI’s Das
Central Banking Summer Meetings: Policy-makers need to be “nimble footed”, governor says
RBI holds rate despite stubborn inflation
Policy-makers hint at need for further tightening as inflation stays above target
Currency round-up: India withdraws 2,000-rupee note
De La Rue replaces chair; Canada and Philippines win currency awards; and more
World Bank board elects Ajay Banga president
Former Citigroup and Mastercard executive succeeds controversial Malpass
Structural reforms could ‘unleash’ Indian growth – IMF paper
Study highlights shift in sources of productivity growth in India