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Financial Inclusion Committee On Direct Cash

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'Aadhaar is the best in class in terms of privacy protection'

'The government is having the right approach, where Aadhaar is voluntary.' 'By the time I stepped down as UIDAI chairman, over 300 million were getting Aadhaar-linked cash transfers.' 'I think PM......

Full text: What Modi, Obama agreed on

This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India. Prime Minister Narendra Modi and President Barack Obama assessed the......

Core committees notified for implementation of DCT

In a move that shows the urgency and seriousness with which the UPA 2 is planning the execution of first phase of direct cash transfer scheme before the January 1, 2013, deadline it has set for......

'Crypto is serious threat to financial stability'

'What is this cryptocurrency? Is it a product? Is it a financial product? Is it an asset?' Photograph: Kind courtesy The Digital Artist/Pixabay Shaktikanta Das, governor of Reserve Bank of India......

ATM transactions to become costlier from Jan 1

Using ATMs beyond the permissible free transactions for cash as well as non-cash purposes will cost more from Saturday. As per the Reserve Bank directive issued in June, the banking customers......

Coming Soon! RBI's CBDCs Revolution

If CBDCs don't offer interest, why will people shift from cash to CBDCs? asks Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com   Ever since Reserve Bank of India Deputy Governor T......

Sensex jumps 117 points, Nifty ends at 14,924.25

SBI was the top gainer in the Sensex pack, rallying over 10 per cent, followed by Kotak Bank, Dr Reddy's, UltraTech Cement, ITC and HDFC Bank. On the other hand, Axis Bank, Bharti Airtel, ICICI......

Interest rates on hold, RBI promises enough liquidity for huge govt borrowing

The Reserve Bank of India (RBI) on Friday kept interest rates on hold while assuring to maintain support for reflating the economy by ensuring ample liquidity to manage the government's near-record......

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