Tag: RBI
RBI targeted by US authorities over Russia
Frankfurt, Vienna The Austrian bank Raiffeisen Bank International (RBI) has been targeted by the US sanctions authorities because of its business in Russia. The bank received a letter from the…
Raiffeisen Bank International benefits greatly from business in Russia and achieves record profits
Raiffeisen Bank International logo In the final quarter, the bank more than doubled its net profit to EUR 826 million. (Photo: Reuters) Vienna Thanks in part to its Russian business,…
Raiffeisen Bank International ends the past year with a record profit
Raiffeisen Bank International logo In the final quarter, the bank more than doubled its net profit to EUR 826 million. (Photo: Reuters) Vienna Thanks in part to its Russian business,…
This Cryptocurrency Statement by RBI President Brings Downfall! – Cryptokoin.com
The Indian government and regulators are skeptical about the use and enforcement of private cryptocurrencies in the country. Authorities demanded a 30% tax on capital gains from crypto trading in…
Reserve Bank of India (RBI) Launches CBDC Test: Impact on Transaction Fees to be Addressed
The Reserve Bank of India (RBI) is launching a Digital Central Bank Currency (CBDC) pilot to see its impact on transaction fees. Reserve Bank of India (RBI) by 31 October…
Moscow wants to block the withdrawal of foreign credit institutions
Frankfurt, Riga It is a statement that would drastically change the strategy of credit institutions in Russia: Moscow apparently wants to block the sale of Russian subsidiaries by foreign banks.…
Reserve Bank of India (RBI) Wants to Ban Cryptocurrencies
Indian Finance Minister Nirmala Sitharaman made statements that the Reserve Bank of India (RBI) wants to ban cryptocurrencies. The world’s second largest internet market the country that has India, bitcoin…
Moody’s lowers growth forecast for 2022
Moody’s headquarters in New York The rating agency warns of the consequences of the Russian war of aggression for banks. (Photo: Reuters) Frankfurt The protracted war in Ukraine has increasingly…
HSBC adopts Russian language rules – and probably changes publications
HSBC in London Despite the war in Ukraine, the major British bank is currently continuing to do business with Russia. (Photo: AFP) Frankfurt HSBC apparently wants to avoid trouble with…
Reserve Bank of India (RBI) Wants to Ban Cryptocurrencies
The Reserve Bank of India (RBI) has released an important report on the cryptocurrency industry. The report, published on March 17, praised the innovative distributed ledger technology linked to digital…
RBI Deputy Chairman Likens Digital Currencies to Ponzi schemes!
It became the hot topic of the crypto market when India announced a new tax regime for digital currencies earlier this month. This week, T. Rabi Sankar, deputy governor of…
RBI VP: It Makes More Sense to Ban Crypto, Not Regulate
Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI), has taken a stance against cryptocurrencies, arguing that cryptocurrencies will destabilize the country’s fiat currency, the rupee. Sankar, vice…
Reserve Bank of India (RBI): Digital Rupee May Not Have Blockchain Technology
Stating that it is open to other technologies, the Reserve Bank of India said that there is a possibility that the digital rupee, which is expected to be issued until…
Former RBI Governor Says Only A Handful Of The Thousands Of Cryptocurrencies On The Market Can Survive
In a recent meeting in India, which has hosted the news that crypto currency bans will be implemented recently, a consensus was reached that cryptocurrencies will not be stopped, but…