Tag: t rabi sankar
Stablecoins pose big risks, serve no real purpose, says RBI’s Rabi Sankar
MUMBAI: India needs to be cautious towards stablecoins, as they pose significant macroeconomic risk while serving no purpose that fiat money cannot, the Reserve Bank…
Digital frauds spike since July; RBI probing causes, warns of risks from digital currencies
The incidence of digital frauds has risen since July, and the Reserve Bank of India (RBI) is analysing the data to understand the reasons behind…
RBI wants rupee internationalisation to support developed economy goal
The internationalisation of the Indian Rupees has already commenced with exporters invoicing in the local currency and it is likely to see a surge in…
Govt extends tenure of 16th Finance Commission till Nov 30
The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the…
“AI carries dual narrative… if left unattended, it could pose unprecedented threats”, warns RBI Deputy Governor T Rabi Sankar
Artificial Intelligence (AI) is reshaping the financial sector with capabilities unimaginable just a few years ago but if left unattended, it could also pose unprecedented…