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RBI Introduces New Digital Fraud Compensation Rules
BusinessTimes of Indiaindian-expressndtv6d ago3 sources

RBI Introduces New Digital Fraud Compensation Rules

The Reserve Bank of India (RBI) has introduced new rules for digital fraud compensation, allowing victims to recover up to Rs 25,000. These rules, effective by 2027, outline how to claim compensation for money lost in online scams.

RBA holds cash rate at 4.35%, signals reprieve amid slowing economy
BusinessThe Guardian14d ago

RBA holds cash rate at 4.35%, signals reprieve amid slowing economy

The Reserve Bank of Australia (RBA) has maintained its official cash rate at 4.35%, ending a series of three consecutive rises. Governor Michele Bullock delivered a strong message, citing a slowing economy and rising unemployment as factors influencing the decision, though a Middle East ceasefire is not yet cause for celebration.

RBI and Banks Closely Monitor P2P Lending Trend
Businessndtv1mo ago

RBI and Banks Closely Monitor P2P Lending Trend

The Reserve Bank of India regulates P2P lending platforms as NBFC-P2P entities and has implemented guardrails around exposure limits, indicating close monitoring of this credit trend by banks and the RBI.

Senate Confirms Kevin Warsh to Federal Reserve Board
WorldBBCbloombergNYT+61FTwapoThe GuardianNPRAl Jazeeradr-dkFox Newsyle-uutiset+53 more1mo ago64 sources

Senate Confirms Kevin Warsh to Federal Reserve Board

The U.S. Senate confirmed Kevin Warsh, a pick by President Trump, to the Federal Reserve Board of Governors in a close vote. His confirmation positions him as a potential candidate for the Fed chair.

Australia's Central Bank Delivers Third Consecutive Rate Hike to 4.35%
FinanceReutersbloombergFT+11The Guardiancnbcrzeczpospolitatvn24vgel-mundodelfi-ltsydney-morning-herald+3 more1mo ago14 sources

Australia's Central Bank Delivers Third Consecutive Rate Hike to 4.35%

The Reserve Bank of Australia (RBA) has implemented its third consecutive interest rate hike, raising the cash rate to 4.35%. This decision was made under pressure from inflation and escalating Middle East tensions, impacting would-be homebuyers and cementing Australia's outlier status among central banks.

RBA's Upcoming Interest Rate Decision Anticipated
Businesssbs-news1mo ago

RBA's Upcoming Interest Rate Decision Anticipated

The Reserve Bank of Australia's upcoming decision on the cash rate is expected to be closely contested, with a potential increase marking the third hike this year and carrying significant implications for consumers.

Rohit Jain Appointed as RBI Deputy Governor
PoliticsTimes of India1mo ago

Rohit Jain Appointed as RBI Deputy Governor

Rohit Jain, an executive director with three decades of experience, has been appointed as Deputy Governor of the Reserve Bank of India. His three-year term is set to begin on or after May 3, 2026.

Indian Rupee Hits Record Low Against US Dollar
FinanceReutersTimes of Indiandtv+3gulf-newskhaleej-timesdaily-mirror-lk2mo ago6 sources

Indian Rupee Hits Record Low Against US Dollar

The Indian Rupee has depreciated to a new all-time low against the US Dollar, nearing Rs26 against the UAE dirham and reaching 95.20 against the dollar. This significant slide has put the Reserve Bank of India on the defensive amidst global economic pressures.

Indian Rupee Rises to One-Week High After RBI Intervention
FinanceTimes of India2mo ago

Indian Rupee Rises to One-Week High After RBI Intervention

The Indian rupee reached a one-week high following strategic moves by the Reserve Bank of India to reduce dollar demand from state-run oil refiners. The central bank encouraged refiners to use a special credit line to stabilize the currency.

ANZ forecasts RBNZ to raise official cash rate in July
Businessrnz2mo ago

ANZ forecasts RBNZ to raise official cash rate in July

ANZ's chief economist predicts that the Reserve Bank of New Zealand (RBNZ) will raise the official cash rate in July, with further increases expected before the upcoming election. This forecast suggests a tightening monetary policy.

Indian Rupee Gains After RBI's Clampdown on Speculation, But Risks Remain
FinancebloombergTimes of India2mo ago2 sources

Indian Rupee Gains After RBI's Clampdown on Speculation, But Risks Remain

The Indian Rupee has led Asia's gains following the Reserve Bank of India's (RBI) significant clampdown on speculation, implemented to prevent its free fall. However, experts continue to debate whether these sudden and tighter controls, the biggest currency clampdown in a decade, risk backfiring and creating an impression of India stepping back from global financial market integration efforts.

RBI Monetary Policy Updates and Asian Economic Outlooks
Financenikkei-asiaindian-express2mo ago2 sources

RBI Monetary Policy Updates and Asian Economic Outlooks

Reports highlight key economic outlooks across Asia and provide updates on the Reserve Bank of India's (RBI) monetary policy, with the latest indicating the RBI is expected to keep rates steady and revise inflation and growth forecasts, alongside news of the KMT leader's visit to China.

Indian Rupee Climbs After RBI Steps to Curb Forex Bets
FinanceTimes of Indiaindian-express3mo ago2 sources

Indian Rupee Climbs After RBI Steps to Curb Forex Bets

The Indian rupee rebounded strongly, gaining 151 paise to 93.19 against the US dollar after the Reserve Bank of India (RBI) capped banks' net open positions, reinforcing its efforts to stabilize the currency.

Indian Economy Vulnerable to West Asia Conflict Energy Shocks
Worldhindustan-times22h ago

Indian Economy Vulnerable to West Asia Conflict Energy Shocks

A report from the Reserve Bank of India (RBI) highlights the Indian economy's continued exposure to energy price shocks, primarily due to its dependence on imports and the ongoing conflict in West Asia. The global uncertainty from the conflict has impacted emerging market economies like India through financial channels.

RBI's Record Surplus Comes With a Warning
Worldindian-express6d ago

RBI's Record Surplus Comes With a Warning

The Reserve Bank of India (RBI) has reported a record surplus, but this financial achievement is accompanied by a warning. The article delves into the implications and potential concerns associated with this surplus.

RBI Considers Polymer Currency Notes
Businessndtv1mo ago

RBI Considers Polymer Currency Notes

The Reserve Bank of India is exploring the introduction of polymer notes, citing their durability and resistance to environmental factors relevant to India's climate.

Food Insecurity in US Exceeds Covid-19 Pandemic Levels
WorldThe Independent1mo ago

Food Insecurity in US Exceeds Covid-19 Pandemic Levels

A new study by the Federal Reserve Bank of New York indicates that more Americans are experiencing food insecurity now than at the height of the Covid-19 pandemic, particularly in lower-educated and lower-income households.

RBI Cancels Paytm Payments Bank's Operating Licence
FinanceReutersTimes of Indiaindian-express+1ndtv2mo ago4 sources

RBI Cancels Paytm Payments Bank's Operating Licence

India's central bank, the Reserve Bank of India (RBI), has revoked the banking licence of Paytm Payments Bank. This decision effectively cancels the bank's ability to operate.

Central Banks Warn of Inflation Risks from Middle East Conflict
Financebloombergiefimerida2mo ago2 sources

Central Banks Warn of Inflation Risks from Middle East Conflict

The Reserve Bank of India and the Bank of Greece have both flagged concerns about potential inflation spillover risks and intensifying price pressures in the coming months. These warnings are attributed to the ongoing conflict in the Middle East.

RBI Proposes 1-Hour Pause for High-Value UPI Payments
Technologyndtv2mo ago

RBI Proposes 1-Hour Pause for High-Value UPI Payments

The Reserve Bank of India (RBI) has proposed a one-hour pause for high-value UPI payments, aiming to enhance security and reliability for users. While users may need time to adjust, industry leaders believe the time gap will make transactions safer.

RBI Proposes 'Kill Switch' Feature for Digital Payments
Technologyindian-express2mo ago

RBI Proposes 'Kill Switch' Feature for Digital Payments

The Reserve Bank of India (RBI) has put forward a proposal for a 'Kill Switch' mechanism aimed at enhancing the security of digital payment transactions. This feature would allow users to quickly disable their payment options in case of fraud or compromise.

RBI Approves Record Dividend Transfer to Indian Government
BusinessTimes of Indiahindustan-times1mo ago2 sources

RBI Approves Record Dividend Transfer to Indian Government

The Reserve Bank of India (RBI) has approved a record dividend transfer of ₹2.87 lakh crore to the central government for the fiscal year 2026. This amount represents a 6.7% increase from the previous year's dividend.

FinanceReutersseeking-alpha1mo ago2 sources

RBA Minutes Reveal Inflation Concerns, Divided Rate Vote

Minutes from the Reserve Bank of Australia meeting revealed that inflation is projected to remain above target until 2027 and showed an 8-1 vote for the recent rate hike. The RBA also expressed concerns that higher energy costs could quickly lift consumer prices.

Anthropic Investigates Unauthorized Access to Mythos AI Amid Cyberattack Fears
TechnologyReutersbloombergFT+13The GuardianfazSCMPorfpublicoBusiness Insiderjapan-timesnaftemporiki+5 more2mo ago16 sources

Anthropic Investigates Unauthorized Access to Mythos AI Amid Cyberattack Fears

Anthropic is investigating reports of unauthorized users gaining access to its Mythos AI model, which has raised cybersecurity concerns. Central banks in Australia, New Zealand, and Japan are reportedly monitoring the AI model due to fears of potential cyberattacks.

Malawi's Amaryllis Hotel Deal Under Scrutiny
Politicsmail-guardian2mo ago

Malawi's Amaryllis Hotel Deal Under Scrutiny

The Reserve Bank of Malawi has disclosed that investigators traced 72.6 billion kwacha linked to financial flows associated with the controversial Amaryllis hotel deal, raising questions about its legitimacy.

RBI Maintains Repo Rate, Governor Explains Policy Decision
FinanceTimes of India2mo ago

RBI Maintains Repo Rate, Governor Explains Policy Decision

The Reserve Bank of India's Monetary Policy Committee kept the repo rate unchanged, with Governor Malhotra explaining that high-frequency indicators suggest strong momentum in economic activity, supported by robust private consumption and investment demand.