RBI | Page 5

RBI governor Shaktikanta Das at the central bank's MPC meeting announced a range of measures to support the economy in emerging from the impact of the Covid-19 pandemic

The technology itself has evolved over the past decade to cater to the processing of structured and unstructured data at scale by leveraging ML-driven technology

The central bank has slashed interest rates by 115 basis points (bps) since the beginning of this year, bringing it to the lowest level since 2000. Repo rate was last cut in an off-cycle policy review in May

RBI has not only cut its benchmark repo rate by 70 basis points but also slashed cash reserve ratio by 100 basis points

Opposed to prima facie benefits of the three-month loan moratorium announced by the RBI, finer details reveal its a costly proposition

Though a welcome move, the supreme court's judgment to squash RBI's curb on cryptocurrency transactions through banks does not solve the core problems ailing the industry, say experts

A three-judge SC bench struck down RBI's ban on cryptocurrency saying that the ban was 'disproportionate'

RBI governor Shaktikanta Das said that issuing currency is a sovereign mandate and this should not be given to private companies

RBI has told Supreme court that WhatsApp is not compliant with data localisation norms and has directed NPCI to stop full-scale launch of WhatsApp Pay in India

NPCI has asked WhatsApp to make some changes in its framework for complying with data localisation

If such failing and non-profitable payment banks are allowed to lend, the capital would no longer be available

Here are the sectors which would be prioritized for the RBI surplus deployment so as to give a boost to the low economy.

If FinTech companies continue making focused efforts towards building new solutions and broadening the horizon of use to a diverse segment, a complete financial inclusion is not a far dream to wake up to

RBI panel proposes INR 5,000 crore stressed assets fund for MSMEs

The wealth management and investment domains have come a long way showing an uptrend in the country

The digital payments industry has a wobbly reputation; this is a good move for strengthening the digital payments sector

In conclusion to the 2-hour discussion with the representatives of MSME associations, RBI to look into the feasibility of loan restructuring scheme

As of January 2019, RBI has permitted a one-time restructuring of existing loans to MSMEs

How is cryptocurrency deemed illegal when there is no policy issued by the government declaring it the same?