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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.
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Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
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RBI Deputy Governor On 4 Risks Financial Institutions Face In Digital Tech
The financial sector is a prime target of frequent cyberattacks due to the vast amounts of sensitive data and capital it handles.
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India 2nd Only To US In Number Of Banks Covered By Deposit Insurance: RBI
India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks comprising 140 commercial banks and 1,857 cooperative banks.
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India Can Become World's 2nd-Largest Economy By 2031: RBI Deputy Governor
India can become the second largest economy by 2031 and largest economy in the world by 2060, said Michael Debabrata Patra, Deputy Governor, RBI during a program at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.
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Banking Sector Witnessing A Decade-High Performance: RBI
As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).
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RBI Deputy Governor Rabi Sankar's Tenure Extended By 1 Year
Mr Sankar was appointed the RBI Deputy Governor in May, 2021 for a period of three years.
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Non-Bank Lenders Must Watch Underwriting, Concentration Risks: RBI Top Official
India's non-banking financial companies (NBFCs) should be mindful of their underwriting practices and risks emerging from lending concentrated in one segment, Reserve Bank of India (RBI) top official said on Friday.
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India In Talks With More Jurisdictions On Cross-Border Payments: RBI
Reserve Bank Deputy Governor T Rabi Sankar on Friday said the high cost of remittances for countries despite the available technology was "unconscionable", and India is in talks with more jurisdictions to make a material impact on cross-border
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Centre Approves One-Year Extension To RBI Deputy Governor
The government on Monday extended the term of RBI Deputy Governor M Rajeshwar Rao for a period of one year, according to sources.
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By 2027, India Will Be 3rd Largest Economy In World: RBI Deputy Governor
India will be a USD 5 trillion economy and the third largest in the world by market exchange rates by 2027, aided by the demographic advantage and pace of financial sector development, Reserve Bank Deputy Governor Michael D Patra has said.
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"Aim To Increase E-Rupee Transactions To 10 Lakh Per Day": RBI Deputy Governor
At present, the number of CBDC or e-rupee transactions stands at about 5,000 to 10,000 a day.
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Government Appoints Swaminathan Janakiraman As RBI Deputy Governor
The government today appointed State Bank of India (SBI) managing director Swaminathan Jankiraman as Reserve Bank Deputy Governor (DG).
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Multi-Pronged Policy Response Needed To Reignite Growth: RBI Deputy Head
Reserve Bank Deputy Governor MD Patra has pitched for a multi-pronged policy response to reignite and sustain productivity and growth at a time when multiple factors which can influence the economy are at work.
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RBI Deputy Governor Asks Banks to Gear for Blockchain Future as India Awaits Crypto Rules
The Deputy Governor of the Reserve Bank of India (RBI) Mahesh Kumar Jain has predicted that technologies like blockchain and artificial intelligence (AI) would be part of the future of finance. In a recent meeting with banking directors, Jain said the adoption of AI and blockchain will ensure India is stable in financial systems.
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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.
-
Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
-
RBI Deputy Governor On 4 Risks Financial Institutions Face In Digital Tech
The financial sector is a prime target of frequent cyberattacks due to the vast amounts of sensitive data and capital it handles.
-
India 2nd Only To US In Number Of Banks Covered By Deposit Insurance: RBI
India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks comprising 140 commercial banks and 1,857 cooperative banks.
-
India Can Become World's 2nd-Largest Economy By 2031: RBI Deputy Governor
India can become the second largest economy by 2031 and largest economy in the world by 2060, said Michael Debabrata Patra, Deputy Governor, RBI during a program at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.
-
Banking Sector Witnessing A Decade-High Performance: RBI
As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).
-
RBI Deputy Governor Rabi Sankar's Tenure Extended By 1 Year
Mr Sankar was appointed the RBI Deputy Governor in May, 2021 for a period of three years.
-
Non-Bank Lenders Must Watch Underwriting, Concentration Risks: RBI Top Official
India's non-banking financial companies (NBFCs) should be mindful of their underwriting practices and risks emerging from lending concentrated in one segment, Reserve Bank of India (RBI) top official said on Friday.
-
India In Talks With More Jurisdictions On Cross-Border Payments: RBI
Reserve Bank Deputy Governor T Rabi Sankar on Friday said the high cost of remittances for countries despite the available technology was "unconscionable", and India is in talks with more jurisdictions to make a material impact on cross-border
-
Centre Approves One-Year Extension To RBI Deputy Governor
The government on Monday extended the term of RBI Deputy Governor M Rajeshwar Rao for a period of one year, according to sources.
-
By 2027, India Will Be 3rd Largest Economy In World: RBI Deputy Governor
India will be a USD 5 trillion economy and the third largest in the world by market exchange rates by 2027, aided by the demographic advantage and pace of financial sector development, Reserve Bank Deputy Governor Michael D Patra has said.
-
"Aim To Increase E-Rupee Transactions To 10 Lakh Per Day": RBI Deputy Governor
At present, the number of CBDC or e-rupee transactions stands at about 5,000 to 10,000 a day.
-
Government Appoints Swaminathan Janakiraman As RBI Deputy Governor
The government today appointed State Bank of India (SBI) managing director Swaminathan Jankiraman as Reserve Bank Deputy Governor (DG).
-
Multi-Pronged Policy Response Needed To Reignite Growth: RBI Deputy Head
Reserve Bank Deputy Governor MD Patra has pitched for a multi-pronged policy response to reignite and sustain productivity and growth at a time when multiple factors which can influence the economy are at work.
-
RBI Deputy Governor Asks Banks to Gear for Blockchain Future as India Awaits Crypto Rules
The Deputy Governor of the Reserve Bank of India (RBI) Mahesh Kumar Jain has predicted that technologies like blockchain and artificial intelligence (AI) would be part of the future of finance. In a recent meeting with banking directors, Jain said the adoption of AI and blockchain will ensure India is stable in financial systems.
