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Friday, July 1, 2022

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RBI

Cryptocurrency poses threat to financial stability in Bharat

The government of Bharat was set to table the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the winter session of parliament...

Blockchain technology and cryptocurrencies

Bharat has the highest number of crypto owners in the world at 10.07 crore, followed by US with 2.74 crore Russia 1.74 crore and...

Bad Bank is a good move

Aggregate deposits of Bharat's Scheduled Commercial Banks (SCBs) rose 11.9 per cent YoY during 2020-21 (it was 9.5% in 2019-20), but they have moderated...

RBI Governor Shaktikanta Das silences critics with right monetary policy mix in tough Covid time

When Shaktikanta Das was appointed governor of the Reserve Bank of India (RBI) in December 2018, many pundits were quick to write volumes about...

RBI flexes muscles : Mastercard stopped from getting new customers from July 22

In a major blow to payment services major Mastercard Asia/Pacific Pte Ltd, the Reserve Bank of India (RBI) on Wednesday imposed restrictions on on-boarding...

RBI asks banks to prepare for transition from LIBOR

The Reserve Bank of India (RBI) has issued an advisory asking banks to prepare for the transition out of London Interbank Offered Rate (LIBOR). In...

Bharat’s story of Black and White money

The latest available World Bank’s Findex 2017 Report had brought out that the proportion of adults with a formal account in Bharat has risen...

RBI bars MPs, MLAs from holding MD post in urban cooperative banks

In a crackdown on political interference, the Reserve Bank of India has barred MPs, MLAs and members of municipal corporations or other local bodies...

RBI calls for targeted policy support for export

The Reserve Bank of India (RBI) has suggested that the government should boost exports with a targeted policy support on an urgent basis. In his...

Yogi opts for RBI’s e-Kuber system for payment disbursement

To ease government transactions and improve transparency and efficiency, the Yogi Adityanath government has decided to implement the e-Kuber system of RBI to disburse...

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