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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.
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"We Aren't Police...": RBI Chief Day After 4 Firms Banned From Giving Loans
Reserve Bank Governor Shaktikanta Das on Friday said that the central bank does not act like a policeman, but it maintains tight vigil on financial market and takes regulatory action whenever necessary.
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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...
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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.
-
No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
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RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
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"Inflation Has Moderated But Still There Is A Distance To Cover": RBI Governor
Inflation in India has moderated but still there is a distance to cover, Reserve Bank Governor Shaktikanta Das said on Friday.
-
RBI Governor On Two Factors That Pulled GDP Growth Rate Down
The slowing of India's economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to "lower" government spending in the wake of the enforcement of the model code of conduct for the Lok Sabha polls, RBI Governor said.
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Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
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We Are Now Focusing On Making UPI, RuPay Truly Global: RBI Chief
RBI Governor on Wednesday said the central bank is focused on making UPI and RuPay 'truly global' and asked financial institutions and fintech startups to adapt robust frameworks to capitalise on new opportunities while mitigating connected risks.
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All You Need To Know About 'ULI', Set To Be Launched By RBI Soon
The Reserve Bank of India (RBI) will soon launch the "Unified Lending Interface" (ULI), RBI Governor Shaktikanta Das announced on Monday.
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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
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AI Can Boost Digital Public Infra But Poses Challenges: RBI Chief
While the integration of AI into financial services brings significant opportunities for customers, banks and regulators, the cutting-edge technology also poses its own set of challenges such as data privacy concerns.
-
Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
-
PM Modi Congratulates RBI Governor For Top Global Rating For 2nd Consecutive Year
Prime Minister Narendra Modi today congratulated RBI Governor Shaktikanta Das on being rated "A" for the second time in a row in the 'Global Finance Central Banker Report Cards 2024'.
-
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.
-
"We Aren't Police...": RBI Chief Day After 4 Firms Banned From Giving Loans
Reserve Bank Governor Shaktikanta Das on Friday said that the central bank does not act like a policeman, but it maintains tight vigil on financial market and takes regulatory action whenever necessary.
-
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...
-
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.
-
No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
-
RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
-
"Inflation Has Moderated But Still There Is A Distance To Cover": RBI Governor
Inflation in India has moderated but still there is a distance to cover, Reserve Bank Governor Shaktikanta Das said on Friday.
-
RBI Governor On Two Factors That Pulled GDP Growth Rate Down
The slowing of India's economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to "lower" government spending in the wake of the enforcement of the model code of conduct for the Lok Sabha polls, RBI Governor said.
-
Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
-
We Are Now Focusing On Making UPI, RuPay Truly Global: RBI Chief
RBI Governor on Wednesday said the central bank is focused on making UPI and RuPay 'truly global' and asked financial institutions and fintech startups to adapt robust frameworks to capitalise on new opportunities while mitigating connected risks.
-
All You Need To Know About 'ULI', Set To Be Launched By RBI Soon
The Reserve Bank of India (RBI) will soon launch the "Unified Lending Interface" (ULI), RBI Governor Shaktikanta Das announced on Monday.
-
eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
AI Can Boost Digital Public Infra But Poses Challenges: RBI Chief
While the integration of AI into financial services brings significant opportunities for customers, banks and regulators, the cutting-edge technology also poses its own set of challenges such as data privacy concerns.
-
Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
-
PM Modi Congratulates RBI Governor For Top Global Rating For 2nd Consecutive Year
Prime Minister Narendra Modi today congratulated RBI Governor Shaktikanta Das on being rated "A" for the second time in a row in the 'Global Finance Central Banker Report Cards 2024'.
