Bp Kanungo
Bp Kanungo News

Seven candidates shortlisted for RBI deputy governor's post after Viral Acharya's exit; interviews to be held on 7 November
The post had fallen vacant after Viral Acharya resigned in Julysix months before the end of his term. The Reserve Bank has four deputy governors

RBI rejigs portfolios of deputy governors following Viral Acharya's exit; BP Kanungo to run monetary policy portfolio
The monetary policy department, including forecasting and modelling unit, was earlier looked after by Viral Acharya

Digital wallets may become invalid by end-February due to non-compliance with RBI's KYC norms
Since there is no option of e-KYC for digital wallets and the RBI has not said anything clearly about the alternate KYC mechanisms, the firms are now in limbo

Reserve Bank of India board discusses NPA crisis, liquidity crunch faced by NBFCs post-IL&FS crisis
Reserve Bank of India meeting assumes importance as it comes within a week of the central bank openly dissenting with the government on the question of a separate regulator for payments system.

ASSOCHAM urges RBI to take 'extreme care' of data from proposed virtual currency in India
Welcoming the RBI's move to explore the introduction of an official virtual currency in India, industry chamber ASSOCHAM cautioned that extreme care be taken to ensure the safety of the data trail that cryptocurrency transactions can leave behind