Reserve Bank of India (RBI) Governor Shaktikanta Das sought to reaffirm on Friday that the central bank’s stance on banning crypto assets remained unchanged despite a global trend towards regulating them.
“On crypto, I have already spelt out our position very clearly time and again and we continue with the same view. The IMF-FSB (International Monetary Fund-Financial Stability Board) synthesis paper also points out the risks involved in crypto. Regulation is always on a scale of zero to 10. Zero regulation will mean that there is no regulation, it’s...
MUMBAI: RBI governor Shaktikanta Das on Wednesday asked the fintech sector to establish a self-regulatory organisation (SRO) within a year to reduce the...
Emerging and developing economies need to develop effective forex liquidity mechanisms to boost the use of local currencies in cross-border payments, RBI Governor...
INDORE: RBI governor Shaktikanta Das on Friday said inflation will start dropping from September. "We expect overall inflation to go down from September....