New Delhi: Reserve Bank governor Shaktikanta Das on Friday reiterated his name for an outright ban on cryptocurrencies, announcing those are “not anything however playing” and their perceived “fee is not anything however make-consider.” To similarly its competition to such currencies and additionally to take a lead over different important […]
Tag: RBI
RBI policymakers want to see decisive inflation decline before policy shift
The Reserve Bank of India’s (RBI) Monetary Policy Committee wishes to peer a decisive decline in inflation over a sequence of month-to-month readings earlier than it shifts stance, which could in any other case be untimely, deputy governor Michael Patra stated on Wednesday at the same time as balloting in […]
CBDCs can replace cash transactions to a certain extent in India, said Deputy Governor of RBI
The Digital Currency of the Central Bank (CBDC) can replace cash-based transactions to a certain extent in India, Reserve Bank of India Deputy Governor of T. Rabi Shankar said in the Icrier Webinar on ‘get a central bank digital currency for India: lessons from the G20 and the rest of […]
Paytm Payments Bank has not appointed the company for the audit, the government told Lok Sabha
Paytm Payments Bank has not yet appointed the company to conduct an audit of the Information Technology System (IT), the Ministry of Finance has told parliament. “RBI (Bank of India’s backup) has further informed that Paytm Payments Bank Limited has not appointed an IT audit company to conduct a comprehensive […]