Latest News on Central Bank
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Central Bank - Total results - 95
May 29, 2018
India stands firm on directive, forcing US payment companies to store data locally: ReportThe payment companies are worried India’s data on shoring move could set a precedent and nudge other major governments to implement similar rules at a time when there is heightened scrutiny on how companies globally handle their customers’ data.
May 18, 2018
RBI may keep policy rates unchanged in June, says Goldman Sachs; first hike in FY19 expected in AugustProbability of a June hike would increase if crude oil prices rise further, or if the rupee depreciates significantly ahead of the 4 June RBI MPC meeting.
May 16, 2018
Why state-run Punjab National Bank, the big bad boy among Indian lenders, needs better parentingThe government, the Reserve Bank of India (RBI) and various managements have, over time, failed to guide the Punjab National Bank.
May 04, 2018
RBI's three month deadline for banks to cut ties with cryptocurrencies has shown a sudden surge in trading volumesPrices of the volatile bitcoin in India are back up to Rs 6,18,000 ($9,270), recovering from a low of Rs 3,50,001 after the central bank’s announcement
Apr 19, 2018
Cash crunch: How Rajasthan ATS intercepted the hawala syndicate that's making Indian ATMs run dryRajasthan Anti-Terror Squad's Operation Kuber reveals that cash hoarders and hawala operators are once again active and could be the reason why a large chunk of cash is disappearing from circulation in India
Mar 29, 2018
Malaysia's central bank foils unauthorised fund transfer attempts, no loss of funds reported; investigation orderedMalaysia’s central bank said on Thursday it was the victim of a cyber attack in which hackers sought to steal money using fraudulent wire transfers
Feb 16, 2018
Hackers stole $6 million in an attack on SWIFT banking system, says the Russian central bankThe central bank said it had been sent information about ”one successful attack on the workplace of a SWIFT system operator.
Feb 12, 2018
South Africa to launch new banknotes in Nelson Mandela's remembrance on his 100th birth anniversaryThe South African Reserve Bank (SARB) said on Sunday it will launch a set of commemorative banknotes in honour of what would have been Nelson Mandela's centenary
Dec 05, 2017
RBI reiterates it concerns over bitcoin; warns about trading in cryptocurrencyThe statement was issued after the cryptocurrency, which trades 24 hours a day and seven days a week, climbed as high as $11,799.99
Nov 28, 2017
Maharashtra farm loan waiver mess: Why RBI urgently needs to wake up sleepwalking banksThe bigger concern is if banks can mess up data of their own clients to this extent in the loan waiver case, the processes can go wrong elsewhere as well.