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The Latest Breaking News from T Rabi Sankar

Digital currency has 50,000 users, 5,000 merchants: RBI

MUMBAI: The recently launched retail central bank digital currency (CBDC) pilot has 50,000 users and 5,000 merchants, the RBI said on Wednesday.

The Times of India · Feb 8, 2023

Need similar regulations for banks and fintechs if underlying activity is same: RBI deputy governor

MUMBAI: Reserve Bank deputy governor T Rabi Sankar on Wednesday pitched for similar regulation for both banks and non-bank entities like fintechs if they are undertaking the same activity.

The Times of India · Dec 21, 2022

RBI deputy governor pitches for data law to protect customers' privacy

NEW DELHI: Reserve Bank of India (RBI) deputy governor T Rabi Sankar on Monday pressed for a law to protect customers' privacy to ensure that monetisation of customer data is done in a responsible manner.

The Times of India · Sep 12, 2022

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I am sure govt is mindful of inflation situation, says RBI governor

MUMBAI: Reserve Bank governor Shaktikanta Das on Wednesday said the government is "mindful" of the current inflation situation, and it is up to the Centre to take further supply-side measures to contain the price rise situation.

The Times of India · Jun 8, 2022

Ahead of govt consultation paper launch, RBI deputy governor says CBDCs can kill case for cryptocurrencies

MUMBAI: Ahead of the government coming out with a consultation paper on cryptocurrencies, Reserve Bank deputy governor T Rabi Sankar on Thursday said the soon-to-be-introduced central bank digital currencies (CBDCs) can "kill" whatever little case that exists for private virtual currencies like bitcoin.

The Times of India · Jun 2, 2022

Cryptocurrencies threaten financial sovereignty, need to be banned: RBI deputy governor

MUMBAI: Making a strong case for banning cryptocurrencies, Reserve Bank deputy governor T Rabi Sankar on Monday said they are even worse than Ponzi schemes and threaten the financial sovereignty of a country.

The Times of India · Feb 14, 2022

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