In an internal memo to staff on Friday, the central bank’s chair, Jerome H. Powell, said it would offer a voluntary deferred ...

The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...

She also instructed banks to appoint two senior officials at the headquarters—one to oversee cyber-related issues and the ...

Indian Bank's net profit surged by 32% to Rs 2,956 crore in Q4 FY25, driven by higher core income and improved asset quality. Gross NPAs decreased to 3.09%, and Net NPAs fell to 0.19%. The board ...

Reserve Bank of India places its Holidays under three brackets --Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ ...

Prosecutors say that between March 22 and March 29, 2024, Biswas, an employee at Emigrant Savings Bank, breached the bank’s core platform and altered code to manipulate small monetary deposits into ...

The Reserve Bank of New Zealand is continuing to buy foreign currency assets to give it more firepower, should it need to intervene in the market during a crisis. The central bank sold a whopping ...

Gift 5 articles to anyone you choose each month when you subscribe. The Reserve Bank of Australia’s preferred measure of underlying inflation has dipped below 3 per cent for the first time in ...

It is, however, important to note there'll also be a deposit product hierarchy policy that's currently being developed by the Reserve Bank (RBNZ). The RBNZ notes in some cases, depositors may have ...

The bank’s board has approached the Reserve Bank of India (RBI) seeking approval to constitute a “committee of executives” to oversee the duties, roles, and responsibilities of the CEO on an interim ...

The Reserve Bank on Tuesday launched three crucial surveys, which included inflation expectations, in order to collect useful inputs for monetary policy decisions. The RBI usually holds six bi-monthly ...