RBI Launches Digital Currency; How Is It Different From Cryptocurrency And UPI?

RBI Launches Digital Currency; How Is It Different From Cryptocurrency And UPI?

Reserve Bank of India (RBI) launched the first pilot of the digital rupee on November 1, 2022 The project focuses on the settlement of secondary market transactions for government securities. As per the statement by RBI, Digital Rupee will also be used for retail transactions soon.  The Central Bank of India commenced the pilot launch […]

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Global Uncertainty And Economic Slowdown: How Well Is India Performing?

Global Uncertainty And Economic Slowdown: How Well Is India Performing?

To know how well the country is performing in terms of economic growth, GDP plays a crucial role. The Gross Domestic Product (GDP) is a measure used by economists to assess the health of the economy. Growth in GDP numbers represents that the wealth of the country is in good condition. And the negative growth […]

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Tightening The Screws

Tightening the Screws | A Multilayer model to safeguard financial solidity |

By Shivanand Pandit Non-Banking Financial Corporations (NBFCs) due to their magnitude, intricacy, and interconnectedness are revolving systemically important over the years. NBFCs are the greatest net debtors of funds from the financial system and procured more than fifty percent of their funding from scheduled commercial banks. As a result, considering the topical strain in the […]

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