RBI Governor Recommends Banning Cryptocurrency
The Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated his caution against crypto assets in the Indian economy. The governor said ...
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Tag: Reserve Bank of India
Indian Bank to hold special rupee vostro accounts of Sri Lanka banks
The Reserve Bank of India (RBI) has approved the Indian Bank to hold special rupee vostro accounts of three banks from Sri Lanka, and ...
Reserve Bank of India eases KYC process
KYC means Know Your Customer and sometimes Know Your Client. KYC or KYC check is the mandatory process of identifying and ...
Government in talks with South Asian countries for cross-border rupee trade
The Reserve bank of India (RBI) Governor Shaktikanta Das has said that the government and the central bank are in discussions with ...
Reserve Bank of India to audit 9,500 NBFCs to check on levels of compliance
The Reserve Bank of India (RBI) is likely to engage the services of external auditors to audit majority of the ...
RBI takes coordinated efforts to contain Chinese loan apps
Finance Minister Nirmala Sitharaman has informed that the government departments and the Reserve Bank of India (RBI) are taking coordinated ...
RBI selects 7 consultancy firms to use AI/ML for regulatory supervision
The Reserve Bank of India (RBI) has shortlisted seven global consultancy firms. Based on the scrutiny/evaluation set out in the ...
RBI to launch new feature on UPI for E-commerce
The Reserve Bank of India (RBI) has decided to add a feature called ‘single-block-and-multiple debits’ in the UPI platform to ...
RBI all set to launch pilot of retail digital rupee in December
The pilot launch of retail digital rupee (e₹-R) by the Reserve Bank of India (RBI) will take place on December ...
Digital Rupee: Promises Galore, but Beware of Pitfalls
The Reserve Bank of India (RBI) has recently launched the Central Bank Digital Currency (CBDC) or Digital Rupee and subsequently ...
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