RBI imposed a monetary penalty of ₹75 lakh on HDFC Bank over non-compliance with KYC norms. The RBI had also conducted a statutory ‘Inspection for Supervisory Evaluation’ of the bank ...

Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes. In this paper, we identify exogenous monetary shocks with the ‘interest rate ...

China’s central bank has tweaked the pricing for one-year loans to commercial lenders, a move seen as a fresh sign that it is ...

St. Louis Fed President Alberto Musalem expects that the U.S. economy will continue to expand at a moderate pace, but risks ...

Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation. The BoJ sets monetary policy in the country. Its mandate is to ...

Understanding the nuances of monetary policy can significantly influence your financial decisions. From savings accounts to ...

Statement by Mark Carney, Governor of the Bank of Canada to the Standing Senate Committee on ... financial market turbulence have prompted many analysts to question whether monetary policy remains ...

Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing.

Commissions do not affect our editors' opinions or evaluations. CIT Bank offers a few savings account products, an online checking account, and other personal and business banking products and ...

Morgan Stanley raised its year-end index targets for MSCI China and Hang Seng by more than 7 per cent on improved outlook for earnings and valuations. CATL plans to sell up to 220.17 million ...

Hungary's Monetary Council left the base rate on hold at 6.5% for the sixth straight month on 25 March at the first rate-setting meeting under the new MNB leadership in line with the consensus.

On Thursday, as widely expected, the European Central Bank (ECB) reduced its key rates by 25 basis points at the March policy meeting. This move puts the main refinancing operations rate at 2.65% ...