The Latest Breaking News on Reserve Bank

RBI to commence limited pilot launches of the digital rupee, here's how it works

As per RBI, CBDC can be demarcated into two broad types viz general purpose (retail) (CBDC-R) and wholesale (CBDC-W).

Livemint

The Ferguson Report: Reserve Bank claims banking is ‘perfectly normal, everybody does it’

After the sixth rate rise, a reserved banker said, "We have to stop meetings like this." Here are Ferguson’s takes…

The New Daily

RBI to soon start pilot launch of e-rupee for specific use cases

MUMBAI: The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases…

The Times of India

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RBI launches advanced supervisory monitoring system DAKSH

MUMBAI: Reserve Bank governor Shaktikanta Das on Thursday launched a new 'SupTech' initiative DAKSH - the bank's Advanced Supervisory Monitoring…

The Times of India

RBI asks credit info companies to appoint internal ombudsman by April 1 next year

MUMBAI: The Reserve Bank on Thursday asked Credit Information Companies to appoint internal ombudsman by April 1 next year in…

The Times of India

Labor attacked by former RBA governor Bernie Fraser for sticking to ‘dodgy’ stage-three tax cuts

Fraser says Albanese government should repeal stage three as the tax cuts are ‘even more unfair’ due to falling real…

The Guardian - AU

Australia is entrenching inequality across education and housing — deliberately

Across several vital sectors, consecutive governments are ingraining systemic inequality with policies that look after the wealthiest.

Crikey

Yes, the heat is coming off the housing market. But it wasn’t just on fire last year - it was burning uncontrolled

We have an economy where even a slight fall in prices will do little to repair the damage of the…

The Guardian - AU

More oversized cash rate hikes unlikely

The central bank has shifted gears and moderated its rate hikes, lifting the official cash rate by 25 basis points…

AAP

Read news from The Economist, FT, Bloomberg and more, in one place.

Reserve Bank’s dovish interest rate rise gives Jim Chalmers more cause to grin than grimace

The treasurer was used to empathising with borrowers after the RBA’s ‘supersized’ rises – instead, he got to talk about…

The Guardian - AU

RBA ‘near the summit’ in quest to curb inflation, as Governor Lowe warns of further rate rises

The Reserve Bank is "near the summit" in its uphill battle to curb the fastest rate of inflation in a…

The New Daily

Reserve Bank slows the pace of interest rate rises with 0.25 percentage point increase

The Reserve Bank elects to slow the breakneck pace of interest rate rises, with the sixth straight hike being 0.25…

ABC News

Reserve Bank set for another double-sized interest rate rise as borrowers brace for pain

The average mortgage borrower will be paying $760 a month more than they were just five months ago, if the…

ABC News

From analysis to the latest developments in health, read the most diverse news in one place.

Property prices dropped further in September and falls ‘could accelerate’ again with rate rise

Investors and banks predict RBA will raise cash rate further on Tuesday, while rent increases begin to slow around Australia

The Guardian - AU

Another rate rise locked and loaded

At least another 25 basis point interest rate rise is expected when the Reserve Bank meets again, while house prices…

AAP

Explained: How RBI rate hike may impact your EMIs

NEW DELHI: The Reserve Bank of India's (RBI) decision to raise benchmark lending rates just ahead of the festive season…

The Times of India

Monthly mortgage repayments could jump by $1000, as RBA weighs another rate hike

Homeowners with a mortgage of $500,000 could be facing monthly mortgage payment increases of just under $1000 by the end…

The New Daily

RBI hikes repo rate by 50 bps to 5.9%; pegs GDP growth at 7% for FY23

NEW DELHI: The Reserve Bank of India (RBI) on Friday raised benchmark lending rates for the 4th straight time in…

The Times of India

India heads for its third half-point hike as rupee slumps

The Reserve Bank of India’s six-member monetary policy committee will raise its repurchase rate by 50 basis points to 5.9%,…

Livemint

From analysis to the latest developments in health, read the most diverse news in one place.

Share of industrial loans in bank credit on decline, personal loans up: RBI

MUMBAI: The share of industrial loans in total credit has been gradually declining over the last decade while that of…

The Times of India

A global recession looks increasingly likely – but here’s how Australia could escape it

If the US pushes up interest rates to the point where it’s about to bring on a recession, Australia would…

The Guardian - AU

RBI's rate-setting panel to start 3-day meet on September 28, another rate hike likely

MUMBAI: The Reserve Bank's rate-setting panel will start its 3-day deliberations on Wednesday amid expectations of yet another rate hike…

The Times of India

An inflation primer: No painless escape route is apparent

Hard times make for bad thinking.

Newsroom.co.nz

Why the Reserve Bank's record loss of $37 billion was actually good for Australia

The Reserve Bank has just reported a loss of A$37 billion, the biggest in its history, and it says it…

The Conversation

Workers did not cause Australia’s inflation woes. But they will be the ones who sacrifice the most

The Reserve Bank governor’s recipe for avoiding sustained inflation is for real wages to fall for three years in a…

The Guardian - AU