RUSSIAN CENTRAL BANK ASSETS
G7 leaders agree to lend Ukraine billions profited from Russia's frozen assets
President Biden and European leaders have agrees to provide Ukraine with a $50 billion loan using profits from frozen Russian assets. After the Russian invasion of Ukraine, the US and Europe froze $300 billion in Russian sovereign assets. Most of the Russian central bank ...
The West can defend Ukraine by using frozen Russian assets: Janet Yellen explains
On Tuesday, Treasury Secretary Janet Yellen offered her strongest public support for liquidating roughly $300 billion in frozen Russian Central Bank assets and using them for Ukraine’s long-term reconstruction. John Kirby, President Joe Biden’s national security spokes...
RBI circular: Central Bank proposes to tighten norms for accepting public deposits by HFCs
The Reserve Bank on Monday proposed to tighten norms for housing finance companies by reducing the maturity period for public deposits to five years and enhancing the requirement of maintaining liquid assets against liabilities. Currently, housing finance comp...
Efforts on to develop 'international framework' on crypto assets: RBI Governor Shaktikanta Das
RBI Governor Shaktikanta Das addressed a joint press conference held in Bengaluru on February 25. After the G20 Finance Ministers and Central Bank Governors meeting he mentioned that efforts are to develop international framework and architecture to deal w...
Viral Acharya explains: Will cryptocurrencies be cause for sleepless nights for Central Banks?
Cryptocurrencies have drawn much attention from investors across the world. However, fiat currencies are not going out of fashion soon. Former Reserve Bank of India (RBI) Deputy Governor, Viral Acharya explains why sovereign nations will have reasons to di...
Digital currencies explained: How are CBDCs different from other Crypto assets?
Digital currencies, i.e. cryptos, stablecoins and central bank digital currencies, are grabbing eyeballs and headlines worldwide. There is a lot of confusion about cryptocurrencies, stablecoins and CBDCs (central bank digital currencies). How are they different? Mythili ...
Asset quality of Central Bank has to be watched: Karvy
Asset quality of Central Bank has to be watched: Karvy
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