Reserve Bank Of India

RBI allows offline digital payments

January 04, 2022

RBI allows offline digital payments

An offline digital payment means a transaction that does not require internet or telecom connectivity.

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RBI flags Omicron threat, inflation as challenges to growth

Das has called for stronger supply-side measures to contain food and energy prices.
December 13, 2021
RBI rejects Kerala's plea to call co-op societies as 'banks', Sitharaman tells Lok Sabha

Through a note the RBI also restrained the cooperative societies from taking deposits from those members who do not have voting rights.
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RBI maintains repo rate at 4% for ninth time in a row

The reverse repo rate, or the key borrowing rate, was also maintained at 3.35%.
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The State's argument is that the move by the Central Government to interfere with the functioning of the cooperative sector in States was earlier restrained by the Supreme Court while disposing of a case linked to the 97th Constitutional amendment.
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Cryptocurrency is a new asset class. It is also a speculative investment. But experts believe that technology behind cryptocurrency has a great future ahead.
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