RBI Deputy Governor T. Rabi Sankar has voiced concerns about stablecoins. He believes they could destabilize economies like India and that ...

The RBI is developing a Digital Payments Intelligence Platform (DPIP) using AI to detect risky transactions and prevent fraud. The system w...

RBI Deputy Governor T Rabi Sankar stated India will not yield to the European Securities and Markets Authority's (ESMA) request to audit th...

Sankar, a career central banker who joined the RBI in 1990, was initially appointed as Deputy Governor on May 3, 2021 for a three-year peri...

In July 2022, the RBI had put in place an additional arrangement for the invoicing, payment, and settlement of exports and imports in rupee...

RBI deputy governor T Rabi Sankar pointed out that transactions through CBDCs bypass intermediaries and are instantaneous. In its aim to in...

The Board discussed the Reserve Bank’s activities during the current accounting year 2022-23, and also approved the budget for the accounti...

The National Payments Corporation of India (NPCI) recently extended the deadline by two years for existing third-party apps to comply with ...

"The Board also discussed the functioning of various Sub-Committees of the Central Board, Ombudsman Scheme and activities of select Central...

Central bank rules require all merchants to delete customer debit and credit card details before October 1 and replace card payments with u...

The RBI, he informed, is trying to calibrate policy on digital payments as per the feedback being received from stakeholders. Highlighting ...

The RBI has been vehemently opposed to cryptocurrencies like Bitcoin, saying there is no underlying value for such instruments which are es...

The RBI has been vehemently opposed to cryptocurrencies like Bitcoin, saying there is no underlying value for such instruments which are es...

Sankar also said that since cryptocurrencies have specifically been developed to bypass the regulated financial system, it is reason enough...

"India has come a long way in achieving increasing levels of convertibility on the capital account," Sankar said in a speech at a forex dea...

North Block appointed T Rabi Sankar, executive director of the Reserve Bank of India as the fourth deputy governor of the central bank, sai...

RBI came out with a draft guideline to allow non-residents to hedge their rupee interest rate risk flexibly using any available interest ra...