The finance ministry does not support RBI's plan to ban digital assets because a decision to ban them will only...
The Reserve Bank of India states that digital assets don't pose a significant risk because the market is relatively small,...
Top banks currently involved in the pilot include HDFC Bank, ICICI Bank, and State Bank of India (SBI). Axis Bank,...
T. Rabi Sankar's statement echoes the RBI's revelation in its annual report released earlier this month, where it said it...
Speaking at a webinar series organized by the IMF, RBI Deputy Governor T. Rabi Sankar stated that the Indian central...
In its annual report published recently, the Reserve Bank of India proposed a three-stage "graded approach" to introduce a central...
Reserve Bank of India Governor Shaktikanta Das reminded that before the market crash, the RBI had been warning of the...
The central bank says that digital currencies will seriously undermine its ability to determine monetary policy and contribute to money...
Investors and traders are bearing the strict regulations on digital currency in India—with some transferring their digital currencies to overseas...
Deputy Governor T. Rabi Sankar at the Reserve Bank of India likened digital currencies to Ponzi schemes and said banning...
India's Finance Minister Nirmala Sitharaman will read the budget on February 1, and many are hopeful that she'll talk digital...
The department will promote innovation and aid policy interventions by the central bank while also overseeing the advancement of a...