The digital currency has been instrumental in simplifying these transactions. However, despite its successful implementation, Das reiterated that the RBI is still on a learning curve when it comes to ...
Reserve bank of India Governor Shaktikanta Das on Wednesday said that although the central bank had shifted towards a softer ...
Income from cryptocurrency transactions is taxed at a flat rate of 30% in India, with an additional 1% Tax Deducted at Source ...
RBI Deputy Governor Swaminathan J called for urban cooperative banks to prioritize digital upgrades and address cybersecurity ...
Das highlights India's robust macro fundamentals, stable financial system, and digital innovation as key drivers of economic ...
The RBI endeavours to "smell around" constantly, and be preemptive in identifying and rectifying risks before they become ...
Calling the CBDC pilot still in the 'experimental stage', Shaktikanta Das said the central bank is still on the learning curve. "We are not in hurry to launch the CBDC. We will launch it when we are ...
ESMA has been seeking to audit CCIL, on which all the Indian government securities are traded, just because European banks ...
He also spoke about how the RBI is looking to internationalise the Unified Payments Interface, and the plans for the Unified ...
RBI Deputy Governor T Rabi Sankar criticized the European Securities and Markets Authority for its extraterritorial demands to audit the Clearing Corporation of India, asserting India's regulatory ...