Reserve Bank of India (RBI)
RBI set to launch retail CBDC pilot
Retail version of the e-rupee will be issued as tokens in same denominations as cash
Das outlines RBI’s post-Covid research reforms
Central bank has adopted “full information” system to capture economic dynamics
Most central banks do not own their own printworks
Fewer than a quarter report operating printing plants and two-thirds say they outsource
RBI working towards phased CBDC launch
Central bank preparing for pilots in both retail and wholesale digital currency
Rates round-up: RBA tightens policy 25bp
Plus rate increases in India, Israel, the Dominican Republic and Jamaica
RBI’s Patra envisages India as ‘economic superpower’
India has chance to achieve “escape velocity” from emerging market status, deputy says
RBI deputy sees ‘miles to go’ despite progress on bank reforms
Asset quality of Indian banks has been improving, says Rajeshwar Rao
RBI aims to triple volume of digital payments by 2025
New strategy document aims to build on “phenomenal” growth in electronic payments
Rates round-up: RBI adds 50bp to main rate
Chile announces eighth rate hike; Thai PM reveals rate hold early; and more
What is the right size for a central bank board?
There is greater consensus for smaller boards in theory than in practice
People: UK appoints Bank of England MPC member
India names two RBI executive directors; Chilean vice-president to chair Irving Fisher Committee
RBI hikes at unscheduled monetary policy meeting
India joins race to tighten policy, amid “vortex” of economic forces
RBI extends Sri Lanka swap line
Island nation defaulted amid debt, currency and balance of payment crises
RBI bolsters liquidity framework with standing facility
New deposit facility will play a role in both monetary and financial stability
Reserve Bank of India launches innovation hub
Central bank subsidiary tasked with “accelerating innovation” across the financial sector
RBI paper finds high market power can undermine bank stability
Author documents “inverse U-shaped” relationship, suggesting only some mergers are desirable
RBI deputy makes case for crypto asset ban
Left alone, crypto products could “wreck the currency system”, says T Rabi Sankar
Indian government directs RBI to issue CBDC
Central bank told to prepare to issue the digital currency in 2022 and 2023
RBI’s Patra highlights value of bold crisis communications
Central bank usually avoids the “glare of the limelight” but Covid demanded rethink, says Michael Patra
People: Brazil’s Campos Neto comes down with Covid
Acting governor in Lesotho; Auer to head Eurosystem Innovation Hub; and more
RBI launches offline digital payments
Indian central bank hopes scheme will promote digital payments in remote areas
RBI flags ‘emerging signs of stress’ in small firms
Stress tests indicate rise in Indian non-performing assets likely in coming months
RBI launches action plan to tackle weak non-banks
“Prompt corrective action” framework echoes rules in place for banks
Indian government reappoints Das as governor
Das gets new three-year term, as economy rebounds from Covid shock