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Crypto "Not Even A Tulip", RBI Chief Warns Investors
India's central bank Governor Shaktikanta Das, a long-time opponent of cryptocurrencies, launched another broadside against digital tokens, saying they have no underlying value and are a threat to financial stability.
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RBI Governor Asserts Caution On Crypto, Says "It's A Threat To Financial Stability"
Reserve Bank of India (RBI) Governor Shaktikanta Das has once again voiced serious concerns against private cryptocurrencies.
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Ex-RBI Governor Says Crypto Could Snatch Central Bank’s Control on Money Supply, Inflation Management
Former RBI governor Duvvuri Subbarao has expressed his views regarding the crypto space in India. Threat to the central bank's jurisdiction on money management as well the lack of a data protection bill are among his top concerns against the legalisation of cryptocurrencies.
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''Cryptos Won't Be Your Last Resort In A Doomsday Scenario'': Raghuram Rajan
Raghuram Rajan said that central banks should now focus on the financial stability of green investments, and other ''threats'' such as crypto currencies and cyber security.
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''Tiding Over Third Wave Possible With Higher Vaccination Rate'': Shaktikanta Das
RBI Monetary Policy Committee 2021: The comments from the industry leader come at a time when the country stares at a looming threat of a third wave of the COVID-19 pandemic amid a slow pace of vaccination coverage across states.
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RBI Monetary Policy Today: What Will Central Bank Do This Time?
Reserve Bank Governor Shaktikanta Das-led Monetary Policy Committee (MPC) will announce its policy decision today, at the end of the bi-monthly review that started on Wednesday. The RBI Governor had kept the benchmark rates unchanged at its last policy meet in June, retaining the repo rate at 4 per cent and reverse repo rate at 3.35 per cent. Accor...
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RBI Chief Sees Rate Cut As Option As Coronavirus Threat Grows
The central bank governor said he is ready to act to shield the economy from the coronavirus and reiterated there is room to cut interest rates if needed.
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"No Threat To Autonomy Of Banks": Arun Jaitley On Urjit Patel Resignation
Finance Minister Arun Jaitley on Tuesday said the government did not seek resignation of Urjit Patel as RBI Governor over differences on some issues, and went on to cite how central bank heads were made to resign under prime ministers Jawaharlal Nehru and Indira Gandhi and when Yashwant Sinha was finance minister.
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RBI Governor Urjit Patel Gets Threat Mail Asking Him To Quit, Sender Arrested
Reserve Bank of India Governor Urjit Patel allegedly received a threat mail asking him to quit the job from a 37-year-old man, who has been arrested from Nagpur, police said today.
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Refusing Questions On Notes Ban, RBI Cites Threat To Life: Report
The Reserve Bank of India recommended the move, which was accepted by the cabinet and announced by PM Modi on Nov. 8, Power Minister Piyush Goyal told parliament in November.
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New Panel On Interest Rate No Threat To RBI Autonomy: D Subbarao
The new interest rate setting Monetary Policy Committee (MPC) could enhance the autonomy of the Reserve Bank and will put greater discipline on both the central bank and the government to meet their targets, former RBI Governor D Subbarao has said.
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India Alert To Global Financial Threats: FSDC
The Financial Stability Development Council (FSDC) met for the 15th time today since its formation in December 2010 to deliberate on the macro-economic situation and financial developments globally.
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China Slowdown Poses Threat To World Economy: Raghuram Rajan
Reserve Bank of India (RBI) Governor Raghuram Rajan has warned that a "sharp" slowdown in China's growth posed a threat to the global economy, highlighting possible impact from the shadow banking system of its neighbour, the Reserve Bank of India said.
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RBI Governor Raghuram Rajan Gets Threatening Email: Sources
Security has been strengthened for Reserve Bank of India or RBI governor Raghuram Rajan, as the Mumbai police investigate a threat email that he received earlier this month, sources have said.
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No threat of stagflation, RBI sensitive to growth: Subbarao
The Reserve Bank governor stressed on the need to bring down high current account deficit and improve exports.
-
Crypto "Not Even A Tulip", RBI Chief Warns Investors
India's central bank Governor Shaktikanta Das, a long-time opponent of cryptocurrencies, launched another broadside against digital tokens, saying they have no underlying value and are a threat to financial stability.
-
RBI Governor Asserts Caution On Crypto, Says "It's A Threat To Financial Stability"
Reserve Bank of India (RBI) Governor Shaktikanta Das has once again voiced serious concerns against private cryptocurrencies.
-
Ex-RBI Governor Says Crypto Could Snatch Central Bank’s Control on Money Supply, Inflation Management
Former RBI governor Duvvuri Subbarao has expressed his views regarding the crypto space in India. Threat to the central bank's jurisdiction on money management as well the lack of a data protection bill are among his top concerns against the legalisation of cryptocurrencies.
-
''Cryptos Won't Be Your Last Resort In A Doomsday Scenario'': Raghuram Rajan
Raghuram Rajan said that central banks should now focus on the financial stability of green investments, and other ''threats'' such as crypto currencies and cyber security.
-
''Tiding Over Third Wave Possible With Higher Vaccination Rate'': Shaktikanta Das
RBI Monetary Policy Committee 2021: The comments from the industry leader come at a time when the country stares at a looming threat of a third wave of the COVID-19 pandemic amid a slow pace of vaccination coverage across states.
-
RBI Monetary Policy Today: What Will Central Bank Do This Time?
Reserve Bank Governor Shaktikanta Das-led Monetary Policy Committee (MPC) will announce its policy decision today, at the end of the bi-monthly review that started on Wednesday. The RBI Governor had kept the benchmark rates unchanged at its last policy meet in June, retaining the repo rate at 4 per cent and reverse repo rate at 3.35 per cent. Accor...
-
RBI Chief Sees Rate Cut As Option As Coronavirus Threat Grows
The central bank governor said he is ready to act to shield the economy from the coronavirus and reiterated there is room to cut interest rates if needed.
-
"No Threat To Autonomy Of Banks": Arun Jaitley On Urjit Patel Resignation
Finance Minister Arun Jaitley on Tuesday said the government did not seek resignation of Urjit Patel as RBI Governor over differences on some issues, and went on to cite how central bank heads were made to resign under prime ministers Jawaharlal Nehru and Indira Gandhi and when Yashwant Sinha was finance minister.
-
RBI Governor Urjit Patel Gets Threat Mail Asking Him To Quit, Sender Arrested
Reserve Bank of India Governor Urjit Patel allegedly received a threat mail asking him to quit the job from a 37-year-old man, who has been arrested from Nagpur, police said today.
-
Refusing Questions On Notes Ban, RBI Cites Threat To Life: Report
The Reserve Bank of India recommended the move, which was accepted by the cabinet and announced by PM Modi on Nov. 8, Power Minister Piyush Goyal told parliament in November.
-
New Panel On Interest Rate No Threat To RBI Autonomy: D Subbarao
The new interest rate setting Monetary Policy Committee (MPC) could enhance the autonomy of the Reserve Bank and will put greater discipline on both the central bank and the government to meet their targets, former RBI Governor D Subbarao has said.
-
India Alert To Global Financial Threats: FSDC
The Financial Stability Development Council (FSDC) met for the 15th time today since its formation in December 2010 to deliberate on the macro-economic situation and financial developments globally.
-
China Slowdown Poses Threat To World Economy: Raghuram Rajan
Reserve Bank of India (RBI) Governor Raghuram Rajan has warned that a "sharp" slowdown in China's growth posed a threat to the global economy, highlighting possible impact from the shadow banking system of its neighbour, the Reserve Bank of India said.
-
RBI Governor Raghuram Rajan Gets Threatening Email: Sources
Security has been strengthened for Reserve Bank of India or RBI governor Raghuram Rajan, as the Mumbai police investigate a threat email that he received earlier this month, sources have said.
-
No threat of stagflation, RBI sensitive to growth: Subbarao
The Reserve Bank governor stressed on the need to bring down high current account deficit and improve exports.
