World Bank | The Asian Age

Tuesday, Apr 23, 2024 | Last Update : 03:14 PM IST

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Anshula brings more than 35 years of expertise in finance, banking, and innovative use of technology through her work as CFO of the State Bank of India.

SBI's Anshula Kant appointed MD and CFO of World Bank

As Managing Director and Chief Financial Officer, Kant will be responsible for financial and risk management of the World Bank Group.

13 Jul 2019 11:14 AM

Anshula Kant is MD & CFO of World Bank

As MD & CFO, Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President.

13 Jul 2019 1:19 AM

According to a report by World Bank, 1.7 billion individuals in the world still remain unbanked.

Indian startup Datacultr unlocks smartphone loans for the unbanked

IoT takes the pain out of smartphone financing in India.

02 Jul 2019 10:25 AM

The policy assumes significance as the DPIIT is working towards further improving India's doing business ranking by the World Bank. (Photo: Pixabay/Representational)

DPIIT seeks views on draft cabinet note on national policy for ease of doing business

India's rank improved by 65 positions in Doing Business index over the last four years (2014-2018).

28 Jun 2019 9:01 AM

The World Bank said real income for Belt and Road corridor economies could be two to four times larger if they ease trade restrictions and institute reforms to reduce border delays.

World Bank: China's Belt and Road can speed development, needs transparency

Increased private-sector participation in Belt and Road, now dominated by China’s state-owned banks and enterprises.

19 Jun 2019 10:57 AM

The FATF continuing Pakistan in the ‘Gray’ list means its downgrading by IMF, World Bank, ADB, EU and also a reduction in risk rating by Moody’s, S&P and Fitch. (Photo: AP)

Pakistan fails to fulfil 25 of 27 action points given by terror finance watchdog

With this, multilateral lenders like IMF, World Bank and EU may continue downgrading Pak, making its financial situation more precarious.

16 Jun 2019 3:31 PM

The World Bank, in its report, observed that the main domestic risks to the outlook include a re-escalation of political turbulence amid elections in some countries (Afghanistan and Sri Lanka); fiscal slippages with expanding public spending; and a resurgence of non-bank financial sector funding issues. (Photo: File)

World Bank retains projections for India's economic growth at 7.5 per cent

In its Global Economic Prospects report, the World Bank also said growth rate is expected to remain the same for the next two fiscals.

05 Jun 2019 9:02 AM

Niti Aayog vice-chairman Rajiv Kumar. (Photo: PTI)

Niti Aayog for revamp of Indian statistical system

The government has set a disinvestment target of Rs 90,000 crore for 2019-20.

26 May 2019 2:03 PM

Abdul Hafeez Shaikh, who already served as finance minister from 2010-2013, has been appointed as 'Adviser on Finance' but will be heading the finance ministry once again. (Photo:File)

Amid economic crisis, Imran Khan appoints new Finance Minister

Pakistani Prime Minister Imran Khan made a sweeping cabinet reshuffle on Thursday after only seven months in power.

19 Apr 2019 11:32 AM

Financial markets have rallied this year on hopes that United States and China will reach a settlement. (Representational Image)

G-20 chiefs: World economic growth to revive later this year

a trade standoff between the United States and China threatens to dim the economic outlook.

13 Apr 2019 12:26 PM

Arun Jaitley will travel to Washington for attending the Spring Meetings of the World Bank and the International Monetary Fund (IMF) from April 12 to 14.

Jaitley addresses global investors on reforms, economic outlook

Economic Affairs Secretary Subhash Chandra Garg also attended the round-table meet.

10 Apr 2019 9:20 PM

The funds sent under the Liberalised Remittance Scheme by resident individuals to study abroad rose to USD 278 mn in Sept from USD 160 mn a year ago. (Representational image)

India highest recipient of remittances at USD 79 billion in 2018: World Bank

China (USD67 billion), Mexico (USD36 billion), Philippines (USD34 billion), and Egypt (USD29 billion), followed India.

09 Apr 2019 12:16 PM

The real GDP growth is estimated at 7.2 per cent in FY18-19, the World Bank said in its latest report on South Asia on Sunday ahead of the spring meeting of the World Bank and the International Monetary Fund.

Investment boost: World Bank says India GDP to grow 7.5 per cent this year

With robust growth, and food prices poised to recover, inflation is expected to converge toward 4 per cent.

08 Apr 2019 7:23 PM

The real GDP growth is estimated at 7.2 per cent in FY18-19.

India's GDP expected to expand 7.5 per cent in 2019-20: World Bank

With robust growth, and food prices poised to recover, inflation is expected to converge toward four per cent.

08 Apr 2019 4:02 PM

Dues as on date run into an estimated Rs 60,000 crore, half of it being towards independent power producers in power sector. (Representative Image)

Rs 3 trillion investment in pvt power plants at risk of turning into NPA

Uttar Pradesh has the most outstanding dues of Rs 6,497 crore, followed by Maharashtra at Rs 6,179 crore.

24 Mar 2019 3:05 PM

It is the people who comprise the X-factor that makes all the difference in government projects.

Horse sense, and the promise of inclusive development

Equal attention has to be paid to implementation gaps in order to achieve success.

06 Mar 2019 2:38 AM

The USD 250 million loan has a 5-year grace period, and a final maturity of 20 years.

World Bank to provide USD 250 mn to boost rural income

The project will help women in rural households develop viable enterprises for farm and non-farm products.

05 Mar 2019 7:06 PM

Labour market policies can help different groups of workers acquire the right skills and ensure that the gains of increased exports are shared more broadly across society, said the report jointly released by the World Bank and the International Labour Organization (ILO). (Photo: File)

Increasing exports can lead to better jobs, higher wages in India: World Bank report

India grew at a rate of 7.2 per cent in 2017, at the same time reducing the number of people living in poverty.

28 Feb 2019 3:43 PM

FATF urged Pakistan to swiftly complete its action plan. (Photo:File)

Pakistan to stay on FATF 'grey list' for the time being: Report

Pakistan will most likely stay on the ‘grey list’ of The Financial Action task force, that helps stop terror financing.

22 Feb 2019 3:55 PM

The funds will be used for lending to individual women entrepreneurs in sectors such as agriculture, food processing, services and manufacturing. (Photo: File)

WB, Sidbi, UN arm, Tatas launch Women's Livelihood Bonds

The fund to be raised through this bond will be around Rs 300 crore in multiple tranches over the next three months.

20 Feb 2019 12:46 PM

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Aakar Patel