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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
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Cryptocurrencies Are ‘Complete Fraud’, Citron Research Founder Andrew Left Says
Citron Research founder Andrew Left on Monday called cryptocurrencies a “fraud”. Speaking at a conference about fraud financial markets where he saw potential fraud, Left said "I think crypto is just complete fraud, over and over and over." One of the world’s best known short sellers, Left did not reveal whether he had any investments in cryp...
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India’s CBDC Use-Cases Being Explored for ‘Several Commercial Purposes’ Says Nirmala Sitharaman
India is looking at expanding payment options with its Digital Rupee. The country is exploring potential use cases where its CBDC could come in handy. The development was spoken about by Finance Minister Nirmala Sitharaman during a business conference in San Francisco recently.
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Nirmala Sitharaman Assures PMC Bank Clients, Says Will Talk To RBI Chief
Finance Minister Nirmala Sitharaman said she will speak with the RBI Governor this evening over the distress of depositors of Punjab Maharashtra Co-operative (PMC) Bank. She met a group of angry customers of the cooperative bank in Mumbai this afternoon just before addressing a press conference.
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RBI Chief Urjit Patel Says State Banks Need More Capital
Extra capital will need to be raised in several ways, including raising funds from the market and through the government diluting its stake in state-run banks, Mr Patel told a conference in Mumbai.
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Opinion: In RBI's Spat With New Delhi, Reform Is The Victim
During the Reserve Bank of India's press conference last week, one exchange stood out. Asked about a meeting scheduled by the federal Ministry of Finance in New Delhi to discuss the RBI's policy, the governor of India's central bank, Urjit Patel, replied: "The meeting did not take place. All the MPC members declined the request of the finance minis...
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Payment of US $700 Million to Iran Won't Impact Currency Market: RBI
Reserve Bank Deputy Governor HR Khan today said US $700 million will be paid to Iran on the due date as part of oil dues without having any impact on the currency market.
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We Should Make Banking System So Strong That No Farmer Has to Die, Says PM Modi
Prime Minister Narendra Modi was in Mumbai on Thursday to address a conference on financial inclusion organised to mark 80 years of existence of the Reserve Bank of India.
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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
Cryptocurrencies Are ‘Complete Fraud’, Citron Research Founder Andrew Left Says
Citron Research founder Andrew Left on Monday called cryptocurrencies a “fraud”. Speaking at a conference about fraud financial markets where he saw potential fraud, Left said "I think crypto is just complete fraud, over and over and over." One of the world’s best known short sellers, Left did not reveal whether he had any investments in cryp...
-
India’s CBDC Use-Cases Being Explored for ‘Several Commercial Purposes’ Says Nirmala Sitharaman
India is looking at expanding payment options with its Digital Rupee. The country is exploring potential use cases where its CBDC could come in handy. The development was spoken about by Finance Minister Nirmala Sitharaman during a business conference in San Francisco recently.
-
Nirmala Sitharaman Assures PMC Bank Clients, Says Will Talk To RBI Chief
Finance Minister Nirmala Sitharaman said she will speak with the RBI Governor this evening over the distress of depositors of Punjab Maharashtra Co-operative (PMC) Bank. She met a group of angry customers of the cooperative bank in Mumbai this afternoon just before addressing a press conference.
-
RBI Chief Urjit Patel Says State Banks Need More Capital
Extra capital will need to be raised in several ways, including raising funds from the market and through the government diluting its stake in state-run banks, Mr Patel told a conference in Mumbai.
-
Opinion: In RBI's Spat With New Delhi, Reform Is The Victim
During the Reserve Bank of India's press conference last week, one exchange stood out. Asked about a meeting scheduled by the federal Ministry of Finance in New Delhi to discuss the RBI's policy, the governor of India's central bank, Urjit Patel, replied: "The meeting did not take place. All the MPC members declined the request of the finance minis...
-
Payment of US $700 Million to Iran Won't Impact Currency Market: RBI
Reserve Bank Deputy Governor HR Khan today said US $700 million will be paid to Iran on the due date as part of oil dues without having any impact on the currency market.
-
We Should Make Banking System So Strong That No Farmer Has to Die, Says PM Modi
Prime Minister Narendra Modi was in Mumbai on Thursday to address a conference on financial inclusion organised to mark 80 years of existence of the Reserve Bank of India.
