Development Bank
- All
- News
- Videos
- Photos
-
India’s Need for Pro-Crypto Banking, Roadmap for Base: Interview with Coinbase’s Jessse Pollak
Jesse Pollak, a senior Coinbase official, praises Indian developers in the crypto, DeFi, and blockchain space, calling them highly 'sophisticated' in their understanding and innovation within distributed ledger technology (DLT).
-
RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
NABARD Announces 108 Vacancies For 10th Pass Candidates, Check Details
NABARD Recruitment 2024: The application process begins on October 2, 2024, and will close on October 21.
-
Meta Joins Hands With the Government of Telangana to Provide AI-Powered e-Governance Solutions
Meta announced a partnership with the government of Telangana on Thursday. With this collaboration, the tech giant will offer artificial intelligence (AI) technologies to help the state government improve its e-governance portals and administrations as well as increase the productivity and efficiency of public departments. Telangana government has ...
-
SBI Foundation Announces Fellowship For Rural Development, Check Details
This 13-month fellowship invites Overseas Citizens of India (OCIs), citizens of Nepal and Bhutan, and internal candidates from the State Bank of India (SBI) to apply.
-
US Millionaire, Who Died By Suicide, Owed $34 Million With $8,000 In Bank
On his wife's now-defunct lifestyle blog 'Mama + Tata,' Brandon Miller often showcased a fairy-tale lifestyle, portraying himself as a lucky head of an idyllic upper-crust family.
-
Basel Committee Addresses Risks Around Permissionless Blockchains: Details
n an official blog post, the Basel Committee on Banking Supervision (BCBS) clarified that its concern isn't with blockchains being public but rather with the fact that these networks are permissionless. The distributed governance model of permissionless blockchains is a significant source of concern for banking systems, according to the BCBS paper.
-
RBI Governor Explains Measures Needed To Ensure 'Viksit Bharat' By 2047
Reserve Bank of India Governor Shaktikanta Das in an exclusive interview with NDTV listed measures that must be taken for the Centre's vision for a 'viksit Bharat' or developed India by 2047.
-
RBI Is Using AI For Real-Time Data Analysis, Says Governor Shaktikanta Das
The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems for high frequency and real-time data monitoring and analysis, RBI Governor said today.
-
In Scam Involving Ajit Pawar, Cops Versus Probe Agency On Closure Report
In a development concerning the alleged Rs 25,000 crore Maharashtra State Cooperative Bank (MSCB) scam, the Mumbai police and the Enforcement Directorate (ED) are at loggerheads over the closure report filed before a court here.
-
eRupee Sees Drop in Activity as Banks Pull Back on Promotion Efforts: Report
The CBDC transactions that had hit the mark of one million transactions per day in December 2023, has dropped to just around 100,000 daily transactions. In a report citing official sources familiar with the matter, Reuters claimed that a lack of organic demand to use the eRupee is evident.
-
4 Adani Ports Feature In World Bank's 'Container Port Performance Index'
Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday said four of its ports have been featured in the prestigious 'Container Port Performance (CPP) Index 2023', developed by the World Bank and S&P Global Market Intelligence.
-
RBI Asks Non-Banks To Stick To Rs 20,000 Loan Cash Payout Limit: Report
India's central bank has asked non-bank finance companies (NBFC) to strictly adhere to a cap of 20,000 rupees ($240) in cash loans, according to a letter seen by Reuters and two people aware of the development, in a bid to deter cash transactions.
-
India’s Need for Pro-Crypto Banking, Roadmap for Base: Interview with Coinbase’s Jessse Pollak
Jesse Pollak, a senior Coinbase official, praises Indian developers in the crypto, DeFi, and blockchain space, calling them highly 'sophisticated' in their understanding and innovation within distributed ledger technology (DLT).
-
RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
NABARD Announces 108 Vacancies For 10th Pass Candidates, Check Details
NABARD Recruitment 2024: The application process begins on October 2, 2024, and will close on October 21.
-
Meta Joins Hands With the Government of Telangana to Provide AI-Powered e-Governance Solutions
Meta announced a partnership with the government of Telangana on Thursday. With this collaboration, the tech giant will offer artificial intelligence (AI) technologies to help the state government improve its e-governance portals and administrations as well as increase the productivity and efficiency of public departments. Telangana government has ...
-
SBI Foundation Announces Fellowship For Rural Development, Check Details
This 13-month fellowship invites Overseas Citizens of India (OCIs), citizens of Nepal and Bhutan, and internal candidates from the State Bank of India (SBI) to apply.
-
US Millionaire, Who Died By Suicide, Owed $34 Million With $8,000 In Bank
On his wife's now-defunct lifestyle blog 'Mama + Tata,' Brandon Miller often showcased a fairy-tale lifestyle, portraying himself as a lucky head of an idyllic upper-crust family.
-
Basel Committee Addresses Risks Around Permissionless Blockchains: Details
n an official blog post, the Basel Committee on Banking Supervision (BCBS) clarified that its concern isn't with blockchains being public but rather with the fact that these networks are permissionless. The distributed governance model of permissionless blockchains is a significant source of concern for banking systems, according to the BCBS paper.
-
RBI Governor Explains Measures Needed To Ensure 'Viksit Bharat' By 2047
Reserve Bank of India Governor Shaktikanta Das in an exclusive interview with NDTV listed measures that must be taken for the Centre's vision for a 'viksit Bharat' or developed India by 2047.
-
RBI Is Using AI For Real-Time Data Analysis, Says Governor Shaktikanta Das
The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems for high frequency and real-time data monitoring and analysis, RBI Governor said today.
-
In Scam Involving Ajit Pawar, Cops Versus Probe Agency On Closure Report
In a development concerning the alleged Rs 25,000 crore Maharashtra State Cooperative Bank (MSCB) scam, the Mumbai police and the Enforcement Directorate (ED) are at loggerheads over the closure report filed before a court here.
-
eRupee Sees Drop in Activity as Banks Pull Back on Promotion Efforts: Report
The CBDC transactions that had hit the mark of one million transactions per day in December 2023, has dropped to just around 100,000 daily transactions. In a report citing official sources familiar with the matter, Reuters claimed that a lack of organic demand to use the eRupee is evident.
-
4 Adani Ports Feature In World Bank's 'Container Port Performance Index'
Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday said four of its ports have been featured in the prestigious 'Container Port Performance (CPP) Index 2023', developed by the World Bank and S&P Global Market Intelligence.
-
RBI Asks Non-Banks To Stick To Rs 20,000 Loan Cash Payout Limit: Report
India's central bank has asked non-bank finance companies (NBFC) to strictly adhere to a cap of 20,000 rupees ($240) in cash loans, according to a letter seen by Reuters and two people aware of the development, in a bid to deter cash transactions.
