ARTICLE · 27 NOVEMBER 2024

AKP Banking & Finance Digest- November 25, 2024

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As part of its Ninetieth-anniversary celebrations, the Reserve Bank of India ("RBI") hosted a High-Level Policy Conference in Mumbai on November 21-22, 2024...

GlobalFinance and Banking

1. Regulatory Updates

1.1. India

1.1.1. RBI hosts global south central bank policy conference

As part of its Ninetieth-anniversary celebrations, the Reserve Bank of India ("RBI") hosted a High-Level Policy Conference in Mumbai on November 21-22, 2024, themed "Building Synergies." The event brought together delegates from 18 (eighteen) countries, including central bank governors and senior officials, to discuss inflation control, digital payments, reserve management, and regulatory challenges. RBI stressed the importance of resilient policies to tackle economic volatility. The seven-panel sessions emphasised experience-sharing and fostering partnerships among the Global South's central banks, aiming to strengthen their collective voice and enhance global policy influence for sustainable economic stability and growth in the region. RBI

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