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At $632 billion, India’s forex kitty 5th highest globally

India’s foreign exchange reserves rose by $394 million to $631.9 billion in the week ended March 4, according to data released by the RBI. India currently has the fifth largest holdings of..
IndiaTimes - Published

‘India’s growth story as weak as it was in 2013’

Hinting at the need for the RBI to be growth-supportive in its policy, deputy governor Michael Patra said that India’s growth story is as weak as it was at the time of the 2013 ‘taper tantrum’..
IndiaTimes - Published

'Ukraine war threatens another global recession'

The sweeping economic sanctions on Russia - the second largest producer of crude oil - following its invasion of Ukraine late last month can cull global and domestic growth along with the added pains..
IndiaTimes - Published

Banks should not use public deposits to finance risky projects, says former RBI Deputy Governor


newKerala.com - Published

'GDP to be just 1% above pre-pandemic level in FY22'

India's GDP will be just one per cent above the pre-pandemic level even after the estimated 9.2 per cent growth in FY22, and this factor coupled with comfort on inflation make the RBI to continue with..
IndiaTimes - Published

Cryptocurrencies are worse than Ponzi schemes, says RBI Deputy Governor


newKerala.com - Published

'Cryptocurrencies threaten financial sovereignty, need to be banned'

Making a strong case for banning cryptocurrencies, Reserve Bank deputy governor T Rabi Sankar on Monday said they are even worse than Ponzi schemes and threaten the financial sovereignty of a country...
IndiaTimes - Published

'Banning most advisable choice open to India': RBI Deputy Governor likens cryptocurrencies to Ponzi schemes

A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from new investors.
DNA - Published

Cyptocurrency ban can be the most advisable option for India, says RBI Deputy Governor

The remarks are significant in response to the ongoing discussion over whether or not to prohibit digital currency. 
Zee News - Published

RBI to soon come out with digital lending guidelines: DG Rajeshwar Rao

The Reserve Bank of India will soon come out with the guidelines on digital lending, Deputy Governor M Rajeshwar Rao said on Thursday. In November last year, the working group on digital lending,..
IndiaTimes - Published

'RBI committed to price stability while supporting growth'

The Reserve Bank of India (RBI) is committed to its mandate to keep prices stabile while keeping its growth objective, deputy governor in charge of monetary policy, Michael Patra, said in a memorial..
IndiaTimes - Published

Govt reconstitutes EAC-PM under Bibek Debroy for a period of two years

While V Anantha Nageswaran has been dropped, Rakesh Mohan (former deputy governor of RBI), Poonam Gupta (director general of NCAER) and TT Ram Mohan (professor, IIM Ahmedabad) have been appointed as..
Zee News - Published

Taliban kill four alleged kidnappers in Herat, hang their bodies up in public

"Their bodies were brought to the main square and hung up in the city as a lesson for other kidnappers," deputy governor of Herat said.
Zee News - Published

Inflation seen easing to 4% by FY24: RBI deputy governor

Indicating a gradual approach to normalisation of policy, Reserve Bank of India (RBI) deputy governor Michael Patra said on Thursday that inflation is expected to ease to 4% — the lower end of its..
IndiaTimes - Published

Crypto not currency; needs to be regulated as asset: ex-RBI guv

Former Reserve Bank of India (RBI) deputy governor R Gandhi on Tuesday made a case for treating and regulating crypto as a separate asset class with a view to enabling governments around the world to..
IndiaTimes - Published

Taliban capture second Afghan provincial capital: Deputy governor


IndiaTimes - Published

Working on phased introduction of own digital currency, says RBI deputy governor

The Reserve Bank of India (RBI) is working on phased introduction of such currencies, its deputy governor of RBI T Rabi Sankar said on Thursday. Delivering a speech at an online discussion, Sankar said..
IndiaTimes - Published

RBI contemplating pilot launch of digital currency in near future: Deputy governor

The Reserve Bank is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments in the near future, RBI deputy..
IndiaTimes - Published Also reported by •Zee News

Centre re-appoints Mahesh Kumar Jain as RBI Deputy Governor


newKerala.com - Published Also reported by •DNA

RBI deputy governor MK Jain gets 2-year extension

The Reserve Bank on Wednesday said the government has extended the tenure of deputy governor Mahesh Kumar Jain for two years.
IndiaTimes - Published Also reported by •Mid-Day

Cyril Amarchand Mangaldas Welcomes Lily Vadera, P. K. Nagpal and Nilesh Sathe as Senior Advisors

cyril amarchand mangaldas welcomes lily vadera, p. k. nagpal and nilesh sathe as senior advisors
In its move to strengthen its Financial Institutions Group (*FIG*) and regulatory bench *Cyril Amarchand Mangaldas* (*CAM*) announced joining of three former senior regulators, *Mrs. Lily Vadera,..
NewsVoir - Published

Rabi Sankar appointed as RBI Deputy Governor


newKerala.com - Published Also reported by •Indian Express