'There are no additional benefits for banks and market participants to use CBDC...' Illustration: Dominic Xavier/Rediff With commercial banks still in the process of developing technology to......
The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case — cross-border payments — depends on other countries......
As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points......
Officials from both India and the US in the recent past have indicated that a “fair deal” will be concluded soon, with Indian officials holding that more formal rounds of talks are not needed.......
We believe in the markets to decide what the level should be... Our effort really is to ensure that there is an orderly movement of the rupee both sides, and any undue or any abnormal volatility is......