All posts tagged "Shaktikanta Das"
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393AML / KYCIndia, Indonesia to Work Towards Establishing Payment Linkages
The RBI and Bank Indonesia will cooperate in areas such as cross-border payments, digital innovation, and AML/CFT.
July 20, 2022 -
375India
RBI Directs All Banks to Enable Cardless ATM Withdrawals
The RBI's directions are expected to curb frauds like card skimming and cloning. The UPI will be used for customer authorisation.
May 26, 2022 -
503Capital / LiquidityRBI Surprises Market with Interest Rate Hike
The RBI also increased the cash reserve ratio, the percentage of cash that banks need to keep in reserve against their total deposits.
May 6, 2022 -
540Fintech / Regtech
RBI Establishes Innovation Hub to Promote Fintech Innovation
RBI governor Shaktikanta Das said the underlying focus of the innovation hub will be to promote inclusive access to financial services and products.
March 28, 2022 -
472Fintech / Regtech
RBI Launches New Services to Drive Digital Payments Adoption
UPI-based instant payments can be enabled on some 400 million feature phones in India that do not have an internet connection.
March 15, 2022 -
343AML / KYCIndia, US Pledge to Take Stronger Action Against Financial Crime
Indian finance minister Nirmala Sitharaman and US treasury secretary Janet Yellen also pledged to further engage on climate change.
October 20, 2021 -
230India
RBI to Enable Settlement of G-secs through ICSDs
The move will enhance access for non-resident investors and facilitate the inclusion of Indian G-secs in global bond indices.
September 5, 2021 -
361Crypto / Digital Assets
India Targets December for CBDC Pilot Testing
RBI governor Shaktikanta Das said the central bank is studying various aspects of a digital rupee with a view to conducting trials in December.
August 31, 2021 -
298Capital / Liquidity
RBI Extends Liquidity Facilities for Banks, NBFCs
The impacts of the second wave of the Covid-19 pandemic have been visible in the real estate sector, the RBI said. It is also monitoring stressed assets in the banking sector.
August 9, 2021 -
134India
RBI Opens RTGS, NEFT to Non-bank Payment System Providers
Prepaid payment instruments, white label ATM operators and card networks can now connect to the RTGS and NEFT systems.
July 29, 2021
