Financial Stability

Prime Minister Narendra Modi chaired a meeting on cryptocurrency Saturday, reviewing extensive discussions among various stakeholders on the matter. The Reserve Bank of India (RBI), finance ministry, and home ministry have been holding…

On Monday, the Reserve Bank of India (RBI) published its ‘Statement of Commitment to Support Greening India’s Financial System – NGFS’, coinciding with the 2021 United Nations Climate Change Conference (COP26). RBI on Wednesday said…

Tokyo: Group of Seven advanced economies said on Wednesday that any digital currency issued by a central bank must "support and do no harm" to the bank's ability to fulfil its mandate on monetary and financial stability, and must also meet…

<!-- -->Cryptocurrencies offer, in theory, a cheaper and quicker way of sending money across bordersThe advent of digital currencies in emerging markets could spark "cryptoization" of local economies, potentially undermining exchange…