RBI Chief Raises Concerns Over Governance Lapses and Misreporting of Stressed Assets in Indian Banks
The Reserve Bank of India has come across instances of some banks…
Banking
ADB Grants $350 Million Loan to Assist Sri Lanka's Economic Stabilization Efforts
The Asian Development Bank (ADB) on Monday said it has approved a…
Vietnam's Inflation Continues Downward Trend in May, Driven by Reduced Fuel Costs
Vietnam’s consumer prices recorded a downward trend in May as fuel…
Australian Banks Accused of Hypocrisy as Analysis Shows Billions Lent to Fossil Fuel Projects Despite Professed Commitment to Emissions Reductions
Australia’s big banks have loaned more than $13bn for fossil fuel…
Analysts in Brazil Lower Inflation Forecasts and Maintain Confidence in High Interest Rate Predictions
Brazil analysts cut their 2023 inflation forecast for the second straight week…
Former Bank of England Officials Argue for 6% Interest Rates to Tackle Inflation
The Bank of England will have to raise interest rates to at…
Fed's Goolsbee Sounds Alarm: US Default Would Have 'Extremely Negative' Impact on Economy
Federal Reserve Bank of Chicago President Austan Goolsbee expressed optimism that there’…
Fed's Goolsbee Optimistic: U.S. Debt Ceiling Deal Prevents 'Extremely Negative' Consequences
Chicago Federal Reserve Bank President Austan Goolsbee on Sunday welcomed news of…
Czech Central Banker Holub Advocates for Further Increase in Interest Rates
The Czech central bank should raise interest rates further to prevent high…
Nigeria Increases Central Bank Borrowing Limit to 15% of Revenue
Nigerian lawmakers increased the legal limit on government borrowings from the central…
Significant Surge: Canada's Big Banks Experience 13-Fold Increase in Loan Loss Provisions
Canada’s big five banks this week collectively set aside the most…
How Canadian Banks' Vigilance Against Bad Loans Affects Your Financial Security
Nestled in the balance sheets of Canada’s biggest banks are fears…