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You Searched For "Central Bank Digital Currency" and got 18 results


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Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA

The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…

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3 mins read

Indian markets under pressure as global rate cuts stir uncertainty, new report says

Indian markets experienced volatility as global economic shifts and political developments impacted…

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India likely to grow at 7.2% in FY25, says RBI deputy governor

India's rising working-age population and digital advancements are pivotal in this growth.

PTI   


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UPI Lite wallet limit and transaction limits for feature phone users increased

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…

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Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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G20 to take call on crypto assets, says Nirmala Sitharaman

Amid speculations on regulation or outright banning of crypto assets, Finance Minister Nirmala Sith…

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Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze

Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…

Huileng Tan   


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1 min read

India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets

India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…

ANI   


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After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI   


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RBI to set up public repository of digital lending apps to check unauthorised players

In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…

PTI   


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Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das

EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…

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About 93% of global central banks are exploring digital currencies - and that could boost de-dollarization, a report by IMF staff says

Central bank digital currencies "could help de-dollarization or counter "cryptoization"," IMF staff…

Joseph Wilkins   


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3 mins read

3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan Stanley

The US dollar won't be displaced by any of its rivals anytime soon, Morgan Stanley said.

Jennifer Sor   


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1 min read

Pakistan to issue new notes to combat counterfeit currencies

Pakistan's central bank has announced that it will introduce new currency notes with enhanced secur…

PTI   


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2 mins read

RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system

The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…

ANI   


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Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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7 mins read

We're about to enter the Digital Dark Ages

From Gawker to the Cartoon Network, online archives are vanishing — and they're taking our cultural…

Adam Rogers   


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1 min read

Cryptocurrencies equivalent to gambling: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies ar…