Reserve Bank of India News
The Reserve Bank of India is India’s financial authority that has a control over Indian monetary policy and national currency – the Indian rupee. The Reserve Bank of India also stores foreign exchange reserves, maintains inflation control, and regulates banking operations and institutions. The Reserve Bank of India is one of the world’s most important financial authorities because of India’s huge economic influence — due to its exports and GDP. The central bank of India publishes reports on various sides of India’s banking development and its financial indicators. The Reserve Bank of India has issued an e-banking report that studies the risks and opportunities of internet banking, encourages banks to promote and develop their e-banking applications and services, and gives recommendations about the process of it.
The CEO of CoinSwitch shares his insights about the possibility of a cryptocurrency blanket ban in India.
Chances of Indian Crypto Ban Low Compared to 2019, Says Crypto Veteran
Indian banks are reluctant to work with crypto firms, even though RBI clears the air.
Indian Banks Act Slow to Accept Crypto Industry Despite RBI’s Approval
Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way.
Set to Grow, India’s Crypto Industry Must First Toil Tough Ground
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia.
Indian Banks Still Cryptophobic Despite No Banking Prohibition
Regulation is one of the biggest hurdles for crypto in India as exchanges continue the legal battle to establish a clear framework.
Crypto Regulatory Clarity in India: The Missing Piece to Mass Adoption
India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation.
Indian Crypto Exchanges Seek Tax Clarity From Central Bank
The industry is seeing a renaissance following India’s Supreme Court revoking the RBI’s crypto ban, but there is still a long way to go.
India Crypto Renaissance: Industry Sees Rebirth as RBI Crypto Ban Lifts