Banks can use their CCB and operate at 90 percent LCR and NSFR. IMF loan not expected until at least August.
May 28, 2022The world's fourth largest stablecoin lost its peg this week, trading as low as 23 cents to the dollar on Wednesday.
May 12, 2022The RBI also increased the cash reserve ratio, the percentage of cash that banks need to keep in reserve against their total deposits.
May 6, 2022Five state banks are asked to grant defer repayments and grant new loans to debtors who are already past due on old debt.
April 21, 2022Banks are asked to increase lending, delay loan repayments, defer overdue loan reclassification, and support infrastructure projects and property developers.
April 20, 2022The cut will free up an estimated CNY 530 billion in banking system liquidity to support the economy and keep financing costs stable.
April 18, 2022New sanctions imposed against Sberbank, Alfa Bank, Credit Bank of Moscow, Putin's adult daughters, and more Russian officials and oligarchs.
April 7, 2022Sri Lanka's official exchange rate has been effectively pegged to the USD since April 2021. The IMF called for a return to a market-determined and flexible exchange rate.
March 11, 2022The FSS said economic uncertainties both domestic and abroad have increased, making it unclear whether banks have sufficient loss absorbing capacity.
March 10, 2022Banks that expand priority sector credit and inclusive financing beyond certain thresholds can reduce their statutory reserve requirements.
March 7, 2022