Reserve Bank in a sentence

Shares of Yes Bank and State Bank of India were in the limelight after the Reserve Bank of India late on Thursday issued a moratorium on the private sector lender while saying that an SBIled consortium would acquire stake in Yes Bank.

Reserve Bank governor Philip Lowe has begun referring to “” in each statement he makes after every Reserve Bank board meeting.

In 1989 the Reserve Bank Act 1989 was passed, creating strict monetary policy under the sole control of the Reserve Bank Governor.

Speaking at a bank annual general meeting earlier this month, Puri had said his preferred successor has been with the bank for over 25 years and it is up to the Reserve Bank now to confirm the name.

According to their analysis, empowering the Central Bank (our Reserve Bank) to issue all money would smooth out the boom and bust cycles, eliminate the risk of bank runs and dramatically reduce both public and private debt.

Axis Bank Monday said the Reserve Bank of India (RBI) has approved appointment of Rakesh Makhija as chairman of the bank.

In order to safeguard the interest of bank depositors/stakeholders, the Reserve Bank of India (RBI) appointed a special nominee on the bank's board of directors in addition to sacking the then Chairman Nengroo.

The lawyer begun by questioning the witness on the role that he played in the 2015 NBS Bank system failure saga that resulted in the bank being fined K50Million by the Reserve Bank.

In the decades that followed, she served as President of the Federal Reserve Bank of San Francisco, a Fed governor and Fed Vice Chair, before ultimately becoming the first woman to chair the country’s Federal Reserve under the Obama administration.

This is even more alarming when considering that the President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, recently stated that the Federal Reserve has an “infinite amount of cash” to bail out the super-rich.

The city is the headquarters of the Federal Reserve Bank of Chicago (the Seventh District of the Federal Reserve).

But the Commonwealth Bank, Australia's biggest home lender, is now expecting the Reserve Bank to cut rates in 2024, with its head of Australian economics Gareth Aird declaring the next move was more likely to be a cut.

Federal Reserve Bank of Cleveland President Loretta Mester said on Friday the central bank still has plenty of space to cut the size of its holdings as a complement to its tighter short-term rate stance.

For instance, the firm announced on that day that it had $60 billion of available and unused borrowing capacity split between the Federal Home Loan Bank and the Federal Reserve Bank.

India on Saturday moved a step closer to increasing circulation of the rupee in the Gulf region with the signing of two memoranda of understanding (MoU) between the Reserve Bank of India and the Central Bank of the United Arab Emirates.

Just over a year before Silicon Valley Bank’s collapse threatened a generation of technology startups and their backers, the Federal Reserve Bank of San Francisco appointed a more senior team of examiners to assess the firm.

MacMillan and another alleged smuggler, Kamlesh Pattni, claim to buy the gold on behalf of the Reserve Bank of Zimbabwe – something denied by the bank.

Reserve Bank boss Philip Lowe has confirmed the central bank has underpaid staff, revealing embattled consultancy PwC was hired to help fix the problem.

The Bank of Korea and the Reserve Bank of Australia have since renewed the agreement several times.

The government had selected State Bank of India (SBI) Managing Director Swaminathan Janakiraman as a Deputy Governor of the Reserve Bank of India in June.