For the Indian investor in the turbulent crypto space, a sovereign digital currency can add an air of stability.
She said fundamentals of the economy remain strong and with gradual scaling back of lockdowns, the recovery will gain further steam
A central bank's digital currency will facilitate new aspects to work for the regulators, which were earlier hard to execute
Banks should create a framework that eases availing of banking services to the already distressed and bereaved customers.
The deputy governor said that several legal frameworks would also need to be considered before launching a CBDC
India has emerged as a stable destination for FDI and was even among the top five nations to attract such investments in the pandemic year
As per previous regulations, the FD maturity amount would start earning savings interest rate. However, earlier this month, RBI introduced a new rule
After running on the fast track in the second half of the previous fiscal, auto loans have gone on a slow track
RBI also announced the launch of the next round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the ongoing quarter
SC had directed the RBI to provide information pertaining to the functioning of all banks under the RTI Act