rbi

RBI Governor Propels E-rupee Pilots While Raising Caution Flags on Cryptocurrency Adoption In a recent statement, Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the significant risks that digital currencies pose for emerging economies. Despite growing acceptance in various countries, Das reiterated the RBI’s unwavering stance against cryptocurrencies, labeling them as potential threats to … Read more

Empowering the Nation: RBI Extends PIDF Scheme, Promoting Digital Payments Across Regions and Inclusive Technologies Introduction: In a significant move to bolster the digital payment ecosystem in India, the Reserve Bank of India (RBI) has announced the extension of the Payments Infrastructure Development Fund (PIDF) scheme by an additional two years until December 31, 2025. … Read more

Empowering Users and Strengthening Security: RBI’s Inclusive Approach to Card Tokenisation Introduction: In a significant move towards fortifying digital payment security, the Reserve Bank of India (RBI) has recently broadened the scope of card tokenisation, extending this valuable service to individuals through internet and mobile banking platforms. This development marks a crucial step in making … Read more