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.
An upcoming Indian crypto roadshow has nearly doubled the number of cities it is visiting following the Supreme Courts repealing of the RBI crypto ban.
India's Crypto Bulls Roadshow Given Full Head of Steam by Ban Repeal
Dark clouds still loom for the Indian crypto industry, with a 2019 bill proposing a ban on virtual currencies still pending in India's parliament.
India's Crypto Industry Still Threatened by Ban as Pending Bill Looms
The Reserve Bank of India will contest the Supreme Court’s decision to overturn its ban on banks dealing with cryptocurrency businesses.
Reserve Bank of India to Appeal Supreme Court’s Crypto Decision
A draft of an Indian national strategy on blockchain floats the idea of a central bank digital currency, the digital Indian rupee, and a national blockchain.
Draft of India’s National DLT Strategy Calls for State-Run Digital Rupee
While the Indian Supreme Court hears arguments regarding a ban on banking services for crypto business, the prime minister awarded a crypto app developer.
Indian PM Awards Crypto App Creator as Supreme Court Deliberates on Ban
India’s biggest crypto exchange, WazirX, was bought by Binance, sending a wave of optimism in the crypto ecosystem.
Binance Buyout in India Takes Industry Fearful of Regulation to Hope
The Supreme Court of India has postponed a hearing on the Reserve Bank of India’s circular banning banks from rendering services to crypto-related businesses.
Supreme Court of India Postpones Cryptocurrency Ban Hearing to November