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RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
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India 2nd Only To US In Number Of Banks Covered By Deposit Insurance: RBI
India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks comprising 140 commercial banks and 1,857 cooperative banks.
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Probe Agency Attaches Rs 2747 Crore Worth Assets In ABG Shipyard Fraud Case
The ED today said it has attached shipyards, agricultural lands, commercial properties and bank deposits worth more than Rs 2,747 crore as part of an alleged bank loan fraud linked money laundering investigation against ABG Shipyard Ltd.
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Thailand Regulator Wants Banks to Refrain From Direct Engagement in Crypto Trading
The Bank of Thailand has said that banks are available for people to deposit and safeguard their money, but with cryptocurrencies, the continuously fluctuating market movement exposes investors to financial risks.
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Why Banks Are Cutting Interest Rates On Savings Account Deposits
Credit rating firm India Ratings believes that the beginning of reduction in savings bank rates by commercial banks will spur a new competition among them.
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How Much Currency Has Been Returned To Banks? RBI Says Wait For Our Figures
Six days after the December 30 deadline for banned 500 and 1,000 rupees to be deposited in commercial banks, the Reserve Bank of India said "it is still counting the returned notes."
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Greater Noida: Man Shot At By Robbers
A 40-year-old man, who had come to deposit cash at a bank, was shot at by armed assailants in Alpha one commercial area of Greater Noida on Saturday, police said.
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AAP's Yogendra Yadav declares assets of Rs 3 crore
Senior Aam Aadmi Party leader and Gurgaon candidate Yogendra Yadav today declared his assets to the tune of about Rs 3 crore, which includes farm land, commercial booth and sizable amount of bank deposits and Provident Funds (PF).
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RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
-
India 2nd Only To US In Number Of Banks Covered By Deposit Insurance: RBI
India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks comprising 140 commercial banks and 1,857 cooperative banks.
-
Probe Agency Attaches Rs 2747 Crore Worth Assets In ABG Shipyard Fraud Case
The ED today said it has attached shipyards, agricultural lands, commercial properties and bank deposits worth more than Rs 2,747 crore as part of an alleged bank loan fraud linked money laundering investigation against ABG Shipyard Ltd.
-
Thailand Regulator Wants Banks to Refrain From Direct Engagement in Crypto Trading
The Bank of Thailand has said that banks are available for people to deposit and safeguard their money, but with cryptocurrencies, the continuously fluctuating market movement exposes investors to financial risks.
-
Why Banks Are Cutting Interest Rates On Savings Account Deposits
Credit rating firm India Ratings believes that the beginning of reduction in savings bank rates by commercial banks will spur a new competition among them.
-
How Much Currency Has Been Returned To Banks? RBI Says Wait For Our Figures
Six days after the December 30 deadline for banned 500 and 1,000 rupees to be deposited in commercial banks, the Reserve Bank of India said "it is still counting the returned notes."
-
Greater Noida: Man Shot At By Robbers
A 40-year-old man, who had come to deposit cash at a bank, was shot at by armed assailants in Alpha one commercial area of Greater Noida on Saturday, police said.
-
AAP's Yogendra Yadav declares assets of Rs 3 crore
Senior Aam Aadmi Party leader and Gurgaon candidate Yogendra Yadav today declared his assets to the tune of about Rs 3 crore, which includes farm land, commercial booth and sizable amount of bank deposits and Provident Funds (PF).
