by AIP Online Bureau | Feb 10, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das,governor, Reserve Bank of India The monetary policy committee (MPC) held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was kept unchanged at 3.35% “Overall, taking into consideration the outlook for...
by AIP Online Bureau | Feb 6, 2022 | Eco/Invest/Demography, Indian News, Technology
”In the case of a digital rupee instead of holding a note you will be holding a digital currency in your phone and it would be with the central bank and from there it would be transferred to any merchant. It is fully backed by the sovereign,” the source...
by AIP Online Bureau | Feb 1, 2022 | Banking & Bancassurance, Indian News, Policy, Technology
The currency, called ‘digital rupee’, will be issued by the Reserve Bank in digital form and will be fungible with physical currency. The exact regulation governing this Central Bank Digital Currency (CBDC) is yet to be finalised New Delhi: Finance...
by AIP Online Bureau | Jan 17, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
The article said the current overproduction of crops like rice, wheat and sugarcane, has led to rapid depletion of the ground-water table, soil degradation and massive air pollution raising questions about the environmental sustainability of current agricultural...
by AIP Online Bureau | Jan 4, 2022 | Banking & Bancassurance, Regulation, Risk Management
SIBs are perceived as banks that are ‘too big to fail (TBTF)’. This perception of TBTF creates an expectation of government support for these banks in times of distress. Due to this perception, these lenders enjoy certain advantages in the funding markets....
