rbi

Policy

Indian Central Bank May Pilot Test CBDC in 2022: Report
A digital currency is an offshoot of a legal tender issued by the central bank with potential wide use by households and businesses.
Nov 18, 2021

Business

Crypto Adoption Numbers in India Could Be ‘Exaggerated,’ Says RBI Governor
Shaktikanta Das said he is “not so sure about the numbers which being quoted.”
Nov 10, 2021

Policy

Tax Crypto Based on Payments Channel, Former Indian Official Says
The former central banker stressed the need to keep a tab on crypto transactions through a central repository.
Sep 7, 2021

Markets

India's ICICI Bank Stops Customers From Making Overseas Crypto Investments
ICICI Bank is telling customers not to use foreign remittances to invest in cryptocurrencies.
Jul 13, 2021

Markets

India’s Government May Form Panel to Study Regulating Crypto: Report
The news comes amid the view that proposals for a blanket ban are outdated.
May 19, 2021

Markets

Reserve Bank of India Discourages Lenders From Dealing With Crypto Exchanges: Report
India’s central bank has been unofficially asking banks why they are dealing with crypto businesses.
May 13, 2021

Policy

India's Central Bank Sees Pros and Cons With National Digital Currency
A CBDC could promote financial inclusion but also poses a risk of harming the banking system, the RBI said in a report.
Mar 1, 2021

Policy

India's Rumored Crypto Ban May Be Overblown, Say Industry Pros
Talk that India might be considering a new ban on crypto may be premature, said exchange founders and startup CEOs working in the sector.
Jun 15, 2020

Markets

India's Central Bank Removes Lingering Confusion Over Banking for Crypto Firms
India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified.
May 26, 2020

Business

VC Tim Draper Eyes India Investments as Nation Enters Crypto 'Renaissance'
Tim Draper plans to back local startups now the Indian supreme court has overturned a ban on financial services for crypto companies.
Mar 23, 2020