All posts tagged "interest rate"
-
533Big PictureIMF Explores Impact of Digital Money on Central Bank Operations
The paper explores how CBDCs and stablecoins could impact the interest rate channel, monetary policy and central bank operations.
May 12, 2022 -
440Capital / LiquidityRBI Surprises Market with Interest Rate Hike
The RBI also increased the cash reserve ratio, the percentage of cash that banks need to keep in reserve against their total deposits.
May 6, 2022 -
558Australia & NZAustralian Court Orders Westpac to Pay A$113m in Penalties
The penalties are the result of six proceedings brought by ASIC in November. Westpac had already agreed to pay the penalties and customer remediation.
April 25, 2022 -
359Asia-PacificIndonesia Designates IndONIA as Overnight Rupiah Benchmark
Regulators are calling on market participants to increase the use of IndONIA as an interest rate benchmark in rupiah financial products and instruments.
April 4, 2022 -
321IndiaRBI Issues New Guidelines on the Provision of Microfinance Loans
The RBI is lifting the interest rate ceiling on microfinance loans, but says it will continue to check that lenders do not charge "usurious" rates.
March 23, 2022 -
449JapanBOJ Forms Cross-Industry Forum on Interest Rate Benchmarks
The Forum will facilitate discussions on efforts to enhance the reliability of JPY interest rate benchmarks and practical issues related to the choice and usage of those benchmarks.
March 10, 2022 -
594Australia & NZRBA to Adjust Liquidity-Providing Market Operations
The RBA will adjust the way it sets interest rates for repo transactions with banks and shorten the maximum tenor to four weeks.
February 28, 2022 -
511ChinaCBIRC Targets Disorderly Expansion of Credit Card Market
Under new draft rules, banks are required to reduce interest and fee charges, prevent excessive credit usage, and better control credit risk in card operations.
January 3, 2022 -
444Australia & NZASIC Files Proceedings Against ANZ Over Unpaid Benefits
ANZ and ASIC have filed a statement of agreed facts and admissions with the court and agreed on a proposed penalty of AUD 25 million.
December 10, 2021 -
317Capital / LiquidityPBOC Lowers Relending Rate for Agriculture, Small Business Loans
The lower relending rate is expected to reduce funding costs for small and medium-sized banks and incentivise them to make agricultural and small business loans.
December 9, 2021
