Bullock will have to work on shoring up the RBA’s credibility and implementing the central bank's biggest overhaul since the 1990s.
September 19, 2023Financial hardship will be a key area of focus over the next year. ASIC will conduct a review of large home lenders to understand their approaches in this area.
September 5, 2023The measures are part of efforts to support the economy, the property sector, and the Chinese yuan.
September 4, 2023The RBI said penal charges in loan accounts should be used to promote credit discipline and not as a "revenue enhancement tool".
August 21, 2023The measures include more financial support for private enterprises including developers, easier visa rules, and tax exemptions.
August 7, 2023The rise in complaints is attributed scams, insurance claim delays, and banking disputes, AFCA said.
July 31, 2023This is the first time the HKMA has relaxed the countercyclical macroprudential measures for residential properties since they were implemented in 2009.
July 10, 2023Model and data limitations are making it more difficult for banks to capture credit quality deterioration, which may lead to higher future bank losses and capital inadequacy, the BCBS says.
July 5, 2023The big five state-owned banks have capped their dollar deposit rates at 2.8 percent, down from 4.3 percent previously, effective from 1 July.
July 5, 2023The PBOC reportedly asked one commercial lender to lower its deposit rates for the US dollar, in response to recent weakness in the yuan.
July 1, 2023