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.
Indian officials are switching their stance on crypto, but the country’s regulatory environment may have additional bottlenecks in store.
Mercurial on crypto: Will India’s latest stance lead to positive regulation?
Cryptocurrency exchange operators in India are attempting to dissuade the government from banning digital currencies.
Indian crypto exchange execs intensify lobbying efforts to prevent ban
Rejecting crypto as a reserve currency will lead to an Indian currency devaluation of the worst kind, warns blockchain entrepreneur Raj Chowdhury.
Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India
Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin.
Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians
The Ministry of Finance of India continues to form a careful position on private cryptocurrencies.
India to have a ‘window’ for Bitcoin, says minister amid crypto ban FUD
No blanket ban on the horizon, with an open “window” for experimentation in India, says Nirmala Sitharaman.
No crypto ban in India: Finance Minister predicts “very calibrated” stance
The Reserve Bank of India has described central bank digital currencies as a mixed bag in its report on currency and finance for 2020 to 2021.
Central bank digital currency a mixed blessing, says RBI