"central-banks"

The true performance of central banks lies in stability, credibility, and independence — not profits or losses

Malhotra says “We have included finance to small renewable energy projects – solar, biomass based, windmills, micro-hydel plants and non-conventional energy based public utilities viz street lighting systems, and remote village electrification projects as part of priority sector lending”

Recent data show Japanese workers are gaining better wages and are generally set to receive solid pay raises in their upcoming annual union negotiations

The deputy governor further said over the years, Reserve Bank has been taking various policy measures to promote and support green finance initiatives

The next big financial catastrophe could be triggered by climate change but central banks can prevent it