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RBI’s warning to states on the old pension scheme: What you need to know

The Reserve Bank of India (RBI) has advised states against switching back to the previous pension system (OPS), which was popular until 2004, because...

Digital Rupee Coming On Dec 1: RBI selects these banks for first phase, will be rolled out in these cities

On December 1, 2022, the Reserve Bank of India will announce that the first pilot programme for retail digital rupees (e-R) would begin. "The closed...

RBI Governor gives a stark warning against investing in cryptocurrencies

RBI governor giving out a stark warning against investing in cryptocurrencies said that these lacked the underlying value of even a tulip. He was...

Cryptocurrency Bill 2021: Ministry preparing Cabinet note for deliberating over official digital currency

Finance Ministry is in the process of preparing a Cabinet note discussion on official digital currency. It will come as a regulatory regime for an...

RBI considers phased introduction of central bank digital currency

The Reserve Bank of India is considering a 'phased introduction' of a central bank digital currency. This comes as it will need legal changes...

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