RBI to allow offline payments through cards on pilot basis https://www.livemint.com/industry/banking/rbi-to-allow-offline-payments-through-cards-on-pilot-basis-11596710276117.html

India on Friday tweaked its laws to help tackle a record $150 billion in troubled bank debts, giving its central bank greater power to identify and enforce resol

Things that would have been easily fixed a decade ago, or even five years ago, will soon be unsolvable by conventional means. And central bankers are the ones to blame.

Central banks are often considered the linchpins of modern financial systems, wielding a profound influence over economies and markets worldwide. Their role, while multifaceted, is fundamentally centered on the regulation of monetary policy, ensuring financial stability, and acting as lenders of last resort. To understand the true extent of their impact, we must delve into…

With so many central banks failing to hit their inflation targets, some are considering changes to the tool kits they use to steer their economies.

Average inflation in FY18 is likely to remain benign and much below 4%, even though near-term inflation outlook is likely to see a vegetable-induced spike.

The Central Bank of the Republic of Turkiye (CBRT) has successfully executed first payment transactions on the digital Lira network in the scope of the first-phase studies of the Digital Turkish Lira Project. The bank announced that it will continue to run the limited, closed-circuit pilot tests with technology stakeholders in the first quarter of 2023.

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The Reserve Bank of New Zealand (RBNZ) has announced that it is exploring the introduction of a central bank digital currency (CBDC), often referred to as