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A 2010 stamp dedicated to Sorabji Pochkhanawala and the 100th anniversary of the Central Bank of India. The Central Bank of India was established on 21 December 1911 by Sir Sorabji Pochkhanawala with Sir Pherozeshah Mehta as chairman, [6] and the first commercial Indian bank completely owned and managed by Indians. [7]
Naming practices subsequently evolved as more central banks were established. The expression "central bank" itself only appeared in the early 19th century, but at that time it referred to the head office of a multi-branched bank, and was still used in that sense by Walter Bagehot in his seminal 1873 essay Lombard Street.
In 1999, an international architectural competition was launched by the bank to design a new building. It was won by a Vienna-based architectural office called Coop Himmelb(l)au. The building was to be 185 meters tall (201 meters with antenna), accompanied by other secondary buildings on a landscaped site on the site of the former wholesale ...
The Central Bank of Ireland was founded on 1 February 1943, and since 1 January 1972 has been the banker of the Government of Ireland in accordance with the Central Bank Act 1971, [3] which can be seen in legislative terms as completing the long transition from a currency board to a fully functional central bank. [4] Its head office, the ...
Kenya has named central bank economist Raphael Owino as the new head of its debt management office, the finance ministry said on Wednesday. Owino takes over from Haron Sirima, who told local media ...
Yet the central bank head stopped short Wednesday of being specific about when any cuts could begin, making it clear that more data about cooling inflation is still needed.
WARSAW (Reuters) -Polish opposition party Law and Justice (PiS) has asked the top court to declare laws allowing a parliamentary committee to summon the central bank chief for hearings ...
' Central Bank of the Philippines '; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 [ 2 ] as amended by Republic Act 11211 or the New ...