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RBI Warns Against Stablecoins, Backs CBDCs

'We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.' IMAGE: Reserve Bank of India Deputy......

Digital Rupee Faces Delay Over Banks' Tech Hurdles

'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......

RBI in no hurry to launch digital currency nationwide

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......

Why Banks Are Struggling For Deposits

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......

'Confident of good trade deal with US'

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.......

Cbdc

News for Cbdc

RBI Warns Against Stablecoins, Backs CBDCs

Digital Rupee Faces Delay Over Banks' Tech Hurdles

RBI in no hurry to launch digital currency nationwide

Why Banks Are Struggling For Deposits

'Confident of good trade deal with US'

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