Reserve Bank of India

Cryptocurrency

RBI Warns on Bitcoin

By Samuel Riding | 08/02/2017

Central bank says it does not yet authorise creation, trading of virtual currencies.

Payments & Settlements

RBI Deregulates Transaction Charges

By Samuel Riding | 06/02/2017

Move a part of the government efforts to promote cashless commerce.

Market Risk

RBI Issues Proposals on Forex Hedging, Capital, IRRBB

By Samuel Riding | 03/02/2017

NRIs to be allowed to hedge currency risk; banks can dip into reserves for T1 capital.

Credit Risk

RBI to Push Back Asset Quality Review

By Samuel Riding | 30/01/2017

Banks said to have spent last two months dealing with impact of demonetisation.

Payments & Settlements

RBI Said to Lift Cash Withdrawal Limits by End-Feb

By Samuel Riding | 27/01/2017

Report suggests 78-88% of currency supply will be back in the system within 2 months.

Custody & Infrastructure

India’s Top Banks Eye Blockchain Trade Finance Platform

By Samuel Riding | 27/01/2017

Transaction documents kept on blockchain, reducing need for bank-to-bank reconciliation.

Trading & Investment

India Could Reintroduce Commodity Spot Market

By Samuel Riding | 25/01/2017

Securities regulator lobbying central bank for new market; last spot exchange shut in 2013.

Cybersecurity

RBI Conducts Bank Hacking Test

By Samuel Riding | 24/01/2017

Exercise aims to determine countermeasures and enhance defences.

Cybersecurity

RBI Unit to Boost Cybersecurity

By Samuel Riding | 19/01/2017

Central bank unit seeking 39 staff for roles in cybersecurity, research and innovation, systems audit.