(ATF) India would like to be a digital economy powerhouse that embraces emerging technologies and uses them to boost economic activity. With that goal in mind, the Reserve Bank of India on Monday said it is exploring the possibility of a digital version of the rupee.The Reserve Bank (RBI) said …
(ATF) India's central bank, the Reserve Bank of India (RBI) has announced cross-border payments as the next theme for its effort to promote innovation and financial inclusion. As part of what it has dubbed the second cohort of a regulatory sandbox, the RBI invited banks, fintech and technology companies to …
(ATF) The Reserve Bank of India kept policy rates on hold again in the December monetary policy it announced on Friday and broadly stuck to its October guidance of maintaining an “accommodative” stance to support growth amid persistently high inflation, and after a better-than-expected reading on economic growth.The central bank …
(ATF) India's economy officially entered a technical recession with two consecutive quarters of negative growth, but with a slower pace of contraction, is recovering faster than expected.This momentum is also expected to continue, say analysts, while some are also seeing the country returning to growth as soon as the next …
