A synthesis paper, jointly prepared by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) at the request of the G20 Finance Ministers and Central Bank Governors, is expected to take centre stage
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Governor Shaktikanta Das emphasised the importance of self-regulation in a rapidly growing industry fueled by increasing demand for digital payments and borrowing services
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Governor Das shared that in August 2023, the total number of transactions on the UPI platform exceeded an impressive 10 billion transactions, solidifying its position as the backbone of digital payments in India
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Neobanks are the next best digital stop for both net-savvy consumers and merchants with nil paperwork and frictionless solutions. They emerge as the perfect foil for the traditional notions of banking
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This partnership seeks to provide an unparalleled, seamless credit consumption experience to the digitally-savvy consumers in the country
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Bank feels that this integration will be a game changer for the digital currency ecosystem
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Das has been placed at the top of the list of three central bank governors who have been rated A+
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Annuity deposit schemes have emerged as a compelling solution for Indians seeking financial stability during retirement, say experts
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