How safe is your money amid global bank crises
How safe is your money in banks, stocks and bonds in an interconnected financial world?
Source: indianexpress.com
Page 30 - Stability Report News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Stability Report Today - Breaking & Trending Today
How in First Eight Years of Modi Government, Nearly Rs 12 Lakh Crore 'Disappeared'
Based on information supplied by the finance minister, we estimate that the total non-performing assets between 2014-15- 2021-22 years amount to Rs 66.5 lakh crore. Of this, the written-off quantum appears to be Rs 14.5 lakh crore.
Source: thewire.in
Decline in earnings signals systemic risk–BSP
THE recent increase in employment may not be enough to ensure higher incomes for Filipinos and guarantee the country’s recovery, according to the Bangko Sentral ng Pilipinas (BSP). If the incomes of Filipinos in 2021 were adjusted for inflation, the BSP estimated that this would lead to a 10 percent…
Source: businessmirror.com.ph
BSP: PHL dependence on oil imports a cause for concern
THE Bangko Sentral ng Pilipinas (BSP) expressed concern that with the country’s energy sector’s dependence on imported refined oil, the Philippines is more vulnerable to refining margins in China, South Korea and Singapore than rising crude prices. Based on the 2022 Financial Stability Report, the BSP said 79.8 percent of…
Source: businessmirror.com.ph
Medalla sees 'system resilience' buildup for PH
Financial regulators led by the Bangko Sentral ng Pilipinas (BSP) said the current state of the economy is strong but sees a need in building “system resilience” amid global inflation, high interest rates and exchange rate pressures. BSP Governor Felipe M. Medalla, who is also the chairper
Source: mb.com.ph