Rbi Deputy Governor

Central bank digital currencies (CBDC) transactions would remain anonymous to a certain degree, Reserve Bank of India Deputy Governor T Rabi Sankar said on Wednesday. The IT department allows cash transactions up to a certain limit to be carried out without government ID proof, but the RBI is yet to clarified the degree to which CBDC transactions w...

In a speech interspersed with humour, the RBI Deputy Governor said that central bankers practise an appearance of "drab dullness which, they believe, conveys a sense of monetary stability".

Reserve Bank Deputy Governor Michael Patra today said that formulating monetary policy is a challenging task in a volatile environment like the current one, given lagged data inputs, which are also frequently reviewed.

The arbitrary pricing by various players, led by non-banking financiers, in the money markets is delaying the monetary policy transmission, according to Reserve Bank Deputy Governor Michael Debabrata Patra.

Fintech unicorn BharatPe has appointed former RBI deputy governor B P Kanungo and TARI founder Kaushik Dutta as independent directors.

Reserve Bank of India's (RBI) Deputy Governor T. Rabi Sankar has stated at the Indo-US summit that CBDC is the most efficient system in sight for cross-border payments.

Reserve Bank of India Deputy Governor M Rajeshwar Rao on Thursday said the recently released digital lending norms are designed to end regulatory arbitrage and protect customers.

Central bank digital currency (CBDC), to be launched this year, could become a tool for reducing time and cost for cross-border transactions, Reserve Bank Deputy Governor T Rabi Sankar said on Wednesday.

RBI Governor Shaktikanta Das and Deputy Governor Michael Patra today made some key observation on depreciating rupee and rising inflation.

The ongoing geopolitical developments in Ukraine have challenged India's economic prospects, thereby darkening the country's outlook and making it highly uncertain, said the Reserve Bank of India's Deputy Governor Michael Patra.

Chief Economic Adviser V Anantha Nageswaran said on Thursday that crypto currencies have yet to pass the test to become fiat currency

As India awaits its crypto laws, it is also gearing up for a revamp in the taxation laws around virtual digital assets (VDAs). The development also comes at a time when the RBI deputy governor T Rabi Sankar told IMF officials that stablecoins are not exactly safe to be used as payment options.

Ahead of the government coming out with a consultation paper on cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Thursday said the soon-to-be-introduced central bank digital currencies (CBDCs) can "kill" whatever little case that exists for private virtual currencies like Bitcoin.

RBI Governor: Circumstances warrant prioritising inflation and anchoring of inflation expectations in the sequence of objectives to safeguard financial stability

Commerce Secretary B V R Subrahmanyam on Wednesday denied that any official negotiations are going on with Russia over Rupee-Rouble payment

Central bank digital currencies (CBDC) transactions would remain anonymous to a certain degree, Reserve Bank of India Deputy Governor T Rabi Sankar said on Wednesday. The IT department allows cash transactions up to a certain limit to be carried out without government ID proof, but the RBI is yet to clarified the degree to which CBDC transactions w...

In a speech interspersed with humour, the RBI Deputy Governor said that central bankers practise an appearance of "drab dullness which, they believe, conveys a sense of monetary stability".

Reserve Bank Deputy Governor Michael Patra today said that formulating monetary policy is a challenging task in a volatile environment like the current one, given lagged data inputs, which are also frequently reviewed.

The arbitrary pricing by various players, led by non-banking financiers, in the money markets is delaying the monetary policy transmission, according to Reserve Bank Deputy Governor Michael Debabrata Patra.

Fintech unicorn BharatPe has appointed former RBI deputy governor B P Kanungo and TARI founder Kaushik Dutta as independent directors.

Reserve Bank of India's (RBI) Deputy Governor T. Rabi Sankar has stated at the Indo-US summit that CBDC is the most efficient system in sight for cross-border payments.

Reserve Bank of India Deputy Governor M Rajeshwar Rao on Thursday said the recently released digital lending norms are designed to end regulatory arbitrage and protect customers.

Central bank digital currency (CBDC), to be launched this year, could become a tool for reducing time and cost for cross-border transactions, Reserve Bank Deputy Governor T Rabi Sankar said on Wednesday.

RBI Governor Shaktikanta Das and Deputy Governor Michael Patra today made some key observation on depreciating rupee and rising inflation.

The ongoing geopolitical developments in Ukraine have challenged India's economic prospects, thereby darkening the country's outlook and making it highly uncertain, said the Reserve Bank of India's Deputy Governor Michael Patra.

Chief Economic Adviser V Anantha Nageswaran said on Thursday that crypto currencies have yet to pass the test to become fiat currency

As India awaits its crypto laws, it is also gearing up for a revamp in the taxation laws around virtual digital assets (VDAs). The development also comes at a time when the RBI deputy governor T Rabi Sankar told IMF officials that stablecoins are not exactly safe to be used as payment options.

Ahead of the government coming out with a consultation paper on cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Thursday said the soon-to-be-introduced central bank digital currencies (CBDCs) can "kill" whatever little case that exists for private virtual currencies like Bitcoin.

RBI Governor: Circumstances warrant prioritising inflation and anchoring of inflation expectations in the sequence of objectives to safeguard financial stability

Commerce Secretary B V R Subrahmanyam on Wednesday denied that any official negotiations are going on with Russia over Rupee-Rouble payment