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Private digital currencies are potentially dangerous, CBDC a safer alterna
Updated : 1 year, 10 months ago IST
Reserve Bank of India Governor Shaktikanta Das said on Monday that Central Bank Digital Currency (CBDC) or digital currency, can drive financial inclusion and provide a much safer alternative to potentially dangerous private digital currencies.
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Wheat price won't be affected, vegetable needs to be watched out: RBI Gove
Updated : 1 year, 11 months ago IST
Reserve Bank of India Governor Shaktikanta Das has said that the heatwave predictions in the coming months won't impact wheat prices, but the impact on vegetable prices needs to be watched out.
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'Elephant' out for a walk, says RBI Governor Das as FY25 CPI inflation pro
Updated : 1 year, 11 months ago IST
"Looking ahead, robust growth prospects provide the policy space to remain focused on inflation and ensure its descent to the target of 4 per cent," RBI Governor said announcing the decisions of the first MPC of FY25.
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At Monetary Policy meeting, RBI retains 7 % real growth rate projection fo
Updated : 1 year, 11 months ago IST
RBI Governor Shaktikanata Das, while announcing the RBI Monetary Policy Committee outcome on Friday, said that the growth is projected to be at 7.1 per cent in first quarter, followed by 6.9 per cent in second quarter and 7 per cent in both third and fourth quarters.
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"RBI's evolution closely intertwined with development of Indian economy",
Updated : 1 year, 11 months ago IST
Governor Das remarked, "The journey of reserve bank over the 9 decades has been one of efficient functioning and contribution to the nations' progress."
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PM Modi to address ceremony marking 90 years of RBI in Mumbai today
Updated : 1 year, 11 months ago IST
The event will also be attended by Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das.
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80pc of digital payments in India happen through UPI: RBI governor
Updated : 2 years ago IST
The share of UPI in digital payments in India has reached close to 80 per cent in 2023, informed Reserve Bank of India (RBI) Shaktikanta Das on Monday, as he outlined the growth of payments ecosystem in the country.
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Sitharaman addresses RBI directors, discusses thrust areas of Union Budget
Updated : 2 years, 1 month ago IST
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman addressed a meeting of the Central Board of Directors of the Reserve Bank of India (RBI) on Monday and discussed the thrust areas of the Union Budget.
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"RBI played significant role in widespread adoption of UPI": RBI Governor
Updated : 2 years, 1 month ago IST
Governor Das stated, "If you examine our track record over the past several years, the RBI has played a significant role in the widespread adoption of UPI. We have also introduced a regulatory sandbox, allowing for the trial of new and innovative ideas, technologies, or fintech applicatio
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Action against Paytm bank was in customers' interest: RBI
Updated : 2 years, 1 month ago IST
Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including certain restrictions it imposed on Paytm's associate bank, are in the best interest of the public.
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At Davos, RBI Governor says digital currency will make cross border paymen
Updated : 2 years, 1 month ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and fast, in addition to being cost-effective.
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International confidence in India at all-time high: RBI Governor at Davos
Updated : 2 years, 1 month ago IST
"There is growing confidence on India and I think the international confidence on India is perhaps at an all-time high," Das told ANI, on the sidelines of the ongoing World Economic Forum in Davos, Switzerland.
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