Tag: RBI

What is CBDC and how it works?

What is CBDC and how it works?

[(By Mr. Chitrang Gamot (Associate) co-authored by Ms. Nidhi Singh (Associate Partner)] Digital currency or rupee is an electronic form of money which can be used in contactless transactions. The Reserve Bank of India (RBI)

Resolution Framework for Covid-19 related Stress

On 7th June 2019 the Reserve Bank of India (“RBI”) notified the Prudential Framework for Resolution of Stressed Assets (“Prudential Norms”), which provided a principle base for addressing a borrower default. A nation-wide lockdown was