Tag Archives: Bank

Indian government very upset with central bank for making rift public: sources By Reuters

© Reuters. FILE PHOTO: A guard stands next to the {{0|Reserve Bank of India}} (RBI) logo outside its headquarters in Mumbai NEW DELHI (Reuters) – Indian government officials are very upset with the central bank for publicly talking about a rift with the government, fearing it could tarnish the country’s image among investors, senior officials said on Monday. On Friday ...

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Hitachi and India’s Largest Gov’t-Owned Bank Partner on Major Digital Payments Platform By Cointelegraph

© Reuters. Hitachi and India’s Largest Gov’t-Owned Bank Partner on Major Digital Payments Platform Hitachi Payments has partnered with the State Bank of India (SBI) to establish a nationwide digital payments platform, according to a press release published by Hitachi Oct. 29. Under the aegis of the government’s “Digital India” campaign, Hitachi will provide SBI with solutions including its Internet-of-Things ...

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Tokyo inflation holds steady, little cheer for Japan’s central bank By Reuters

© Reuters. A woman pays money as she buys fruits outside a vegetable store at Ameyoko shopping district in Tokyo By Leika Kihara TOKYO (Reuters) – Tokyo’s core consumer price inflation was unchanged in October from the previous month, government data showed on Friday, offering little encouragement for Japan’s central bank as it struggles to reach its ambitious 2 percent ...

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Deutsche Bank pulls sale of Mexico unit to local bank By Reuters

© Reuters. FILE PHOTO: People are silhouetted next to the Deutsche Bank’s logo prior to the bank’s annual meeting in Frankfurt MEXICO CITY (Reuters) – Deutsche Bank (DE:) said on Sunday it planned to terminate an agreement to sell its Mexican assets to local bank Accendo Banco, without giving further details. “We will continue to keep the best interests of ...

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Open rift between Indian central bank, government as official warns of catastrophe By Reuters

Open rift between Indian central bank, government as official warns of catastrophe By Suvashree Choudhury MUMBAI (Reuters) – In a sign of a mounting policy struggle between India’s central bank and the government of Prime Minister Narendra Modi, a top bank official warned on Friday that undermining a central bank’s independence could be “potentially catastrophic”. The comments by Reserve Bank ...

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Weekly Focus Sweden: Central Bank Optimism Despite Growth Risks

Market movers ahead In the US , the most important release is the jobs report for October on Friday, where we look for further signs that wage growth is accelerating. The focus remains on the ongoing Italian budget fight, while markets will also keep an eye on the euro area October HICP figures after recent months core inflation misses. In ...

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Philippine central bank beefs up cyber security rules By Reuters

© Reuters. Philippine central bank beefs up cyber security rules MANILA (Reuters) – The Philippine central bank said on Friday it has tightened reporting requirements for banks to beef up their cyber security surveillance and prevent widespread damage from online attacks to the financial system. Cyber attacks against banks have increased in numbers and sophistication in recent years, with criminals ...

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Trade war to drag on Singapore economy, central bank says By Reuters

Trade war to drag on Singapore economy, central bank says By John Geddie SINGAPORE (Reuters) – Singapore’s central bank warned on Friday that an intensifying trade row between China and the United States is likely to hurt the city-state’s economy in coming months, though it said the domestic growth impact of the dispute has so far been minimal. The tiny ...

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Tokyo inflation holds steady, little cheer for Japan’s central bank By Reuters

© Reuters. A woman pays money as she buys fruits outside a vegetable store at Ameyoko shopping district in Tokyo By Leika Kihara TOKYO (Reuters) – Tokyo’s core consumer price inflation was unchanged in October from the previous month, government data showed on Friday, offering little encouragement for Japan’s central bank as it struggles to reach its ambitious 2 percent ...

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