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Posts Tagged ‘ Raghuram Rajan ’

RBI governor Rajan favours easier exit norms for startups

Tuesday, April 26, 2016 | More »

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With concerns being raised about cash-burn in burgeoning e-commerce sector, RBI Raghuram Rajan today made it clear that getting revenues through deep discounting is not a viable business model for startups. “If the only reason you are getting revenues, not profit, is because you are selling ba...

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RBI may spoil e-commerce party as it suggests taxing e-retailers to boost state revenues

Taking cue from developed countries where laws are amended to tax inter-state online sales of goods and services, the Reserve Bank of India (RBI) has stressed on the need for clarity on taxation of e-commerce transactions, while also suggesting that states could tax the booming sector to boost reven...

13 May, 2015 | More »

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Virtual nature of Bitcoin raises questions about how its value would be governed: Raghuram Rajan

Reserve Bank of India (RBI) governor Raghuram Rajan expressed concerns over the regulation of digital currency Bitcoin which has suddenly become popular, mentioning that the virtual nature of the currency raises questions about how its value would be governed, according to a Livemint report. While d...

13 February, 2014 | More »

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Citizens with no bank accounts may be able to withdraw cash from ATMs, using feature phones

Reserve Bank of India (RBI) governor Raghuram Rajan has said that apex bank is working on a proposal to launch a payment system that will allow the citizens having no bank accounts to withdraw cash from ATMs, using feature phones. The RBI chief has also hinted at a Nasscom conference that some mobil...

12 February, 2014 | More »

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New RBI chief moots SMS-based fund transfers, P2P electronic money transfers & more

Raghuram Rajan, in his first interaction as the new governor for the Reserve Bank of India (RBI), mentioned that RBI plans to implement a national giro-based ‘Indian bill payment system’ that will enable households to use bank accounts to pay their school fees, utility bills, medical bil...

4 September, 2013 | More »