Financial Stability
- All
- News
- Videos
- Web Stories
-
RBI Shares Observations Around Tokenisation, Crypto in Financial Stability Report 2024
As per the RBI, asset tokenisation is a rapidly evolving financial innovation still in its early stages, currently presenting minimal concerns. However, the central bank also cautioned that the widespread adoption of crypto assets could potentially impact macroeconomic and financial stability.
-
Government Has No Specific Timeline to Finalise Virtual Digital Assets Regulation: MoS Finance
While answering a question on crypto regulation in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said that virtual digital assets (like cryptocurrency) are borderless.
-
Rapper Cardi B Claims She Spends About $3 Million A Month
Grammy-winning rapper Cardi B has put an end to rumours about her financial stability and revealed that she spends around $3 million a month.
-
Indian Students Being Put Off Applying To UK Universities: Report
Indian students are being put off applying to UK universities, adding to their financial woes at a time when education institutions are already coping with constrained budgets, a new report into the stability of the higher education sector in England
-
National Education Day: Critical Thinking, Problem-Solving Skills Essential, Say Experts
As the cost of living rises, and financial stability becomes increasingly complex, curriculum reforms have become necessary to better equip students with money management skills.
-
Cryptocurrencies Are Huge Risks To Financial Stability, Says RBI Governor
Cryptocurrencies are huge risks to financial stability and monetary stability, Reserve Bank of India Governor Shantikanta Das said Friday.
-
BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
-
Fragmented Crypto Regulations Creating Uneven Playing Field, FSB Asia Voices Concerns
The Asia unit of the Financial Stability Board (FSB) convened in Hong Kong this week, co-chaired by Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, and P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka.
-
AI's Rise Could Threaten Financial Stability, Warns RBI Governor
The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday.
-
Unified Pension Scheme Explained In 6 Simple Points
The centre on Saturday approved the Unified Pension Scheme (UPS) for central government employees which is expected to impact 23 lakh employees, aimed at providing financial security and stability for government workers post-retirement.
-
Study Finds Two-Way Causal Links Between Poverty, Mental Illnesses
While certain mental conditions are known to impact financial stability, the authors found that poverty "can lead to mental health problems".
-
UK Election Brings Few Hopes Or Fears To Cautious City Of London
The UK financial sector is warming to Labour's pro-business overtures and pledges to provide stability and support, but many in the City remain wary it could be targeted to prop up Britain's stretched public finances further down the line.
-
RBI Releases Financial Stability Report With Mention of DeFi, US Efforts to Regulate Crypto Sector
The crypto sector was briefly mentioned in RBI’s recently released Financial Stability Report. Talking in particular about DeFi, the report said that global regulatory bodies like the Financial Action Task Force and the International Organisation of Securities Commissions (IOSCO) are constantly examining developments around DeFi.
-
RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
-
Financial System Resilient, Banking NPAs At Multi-Year Low Of 2.8%: RBI Report
Indian economy and the financial system remain robust and resilient as the gross non-performing assets (GNPA) ratio fell to a multi-year low of 2.8 per cent at the end-March 2024, RBI said in its June Financial Stability Report (FSR).
-
RBI Shares Observations Around Tokenisation, Crypto in Financial Stability Report 2024
As per the RBI, asset tokenisation is a rapidly evolving financial innovation still in its early stages, currently presenting minimal concerns. However, the central bank also cautioned that the widespread adoption of crypto assets could potentially impact macroeconomic and financial stability.
-
Government Has No Specific Timeline to Finalise Virtual Digital Assets Regulation: MoS Finance
While answering a question on crypto regulation in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said that virtual digital assets (like cryptocurrency) are borderless.
-
Rapper Cardi B Claims She Spends About $3 Million A Month
Grammy-winning rapper Cardi B has put an end to rumours about her financial stability and revealed that she spends around $3 million a month.
-
Indian Students Being Put Off Applying To UK Universities: Report
Indian students are being put off applying to UK universities, adding to their financial woes at a time when education institutions are already coping with constrained budgets, a new report into the stability of the higher education sector in England
-
National Education Day: Critical Thinking, Problem-Solving Skills Essential, Say Experts
As the cost of living rises, and financial stability becomes increasingly complex, curriculum reforms have become necessary to better equip students with money management skills.
-
Cryptocurrencies Are Huge Risks To Financial Stability, Says RBI Governor
Cryptocurrencies are huge risks to financial stability and monetary stability, Reserve Bank of India Governor Shantikanta Das said Friday.
-
BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
-
Fragmented Crypto Regulations Creating Uneven Playing Field, FSB Asia Voices Concerns
The Asia unit of the Financial Stability Board (FSB) convened in Hong Kong this week, co-chaired by Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, and P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka.
-
AI's Rise Could Threaten Financial Stability, Warns RBI Governor
The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday.
-
Unified Pension Scheme Explained In 6 Simple Points
The centre on Saturday approved the Unified Pension Scheme (UPS) for central government employees which is expected to impact 23 lakh employees, aimed at providing financial security and stability for government workers post-retirement.
-
Study Finds Two-Way Causal Links Between Poverty, Mental Illnesses
While certain mental conditions are known to impact financial stability, the authors found that poverty "can lead to mental health problems".
-
UK Election Brings Few Hopes Or Fears To Cautious City Of London
The UK financial sector is warming to Labour's pro-business overtures and pledges to provide stability and support, but many in the City remain wary it could be targeted to prop up Britain's stretched public finances further down the line.
-
RBI Releases Financial Stability Report With Mention of DeFi, US Efforts to Regulate Crypto Sector
The crypto sector was briefly mentioned in RBI’s recently released Financial Stability Report. Talking in particular about DeFi, the report said that global regulatory bodies like the Financial Action Task Force and the International Organisation of Securities Commissions (IOSCO) are constantly examining developments around DeFi.
-
RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
-
Financial System Resilient, Banking NPAs At Multi-Year Low Of 2.8%: RBI Report
Indian economy and the financial system remain robust and resilient as the gross non-performing assets (GNPA) ratio fell to a multi-year low of 2.8 per cent at the end-March 2024, RBI said in its June Financial Stability Report (FSR).
