Need better rupee volatility management to deal with risks of internationalisation: RBI Deputy Governor

Need better rupee volatility management to deal with risks of internationalisation: RBI Deputy Governor

M Rajeshwar Rao, Deputy Governor, Reserve Bank of India (RBI). File | Photo Credit: The Hindu Bureau India needs to gear up to manage the exchange rate volatility as the country progresses on the path of internationalisation of rupee and freer capital account convertibility, according to Reserve Bank Deputy Governor M Rajeshwar Rao. He also […]

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Taxonomy, clear definitions needed to prevent ‘greenwashing’, says RBI’s Rao

Taxonomy, clear definitions needed to prevent ‘greenwashing’, says RBI’s Rao

Reserve Bank of India (RBI) logo. File | Photo Credit: Reuters Reserve Bank Deputy Governor M. Rajeshwar Rao on Thursday called for a taxonomy on green finance to avoid the risk of “greenwashing”. Green financing refers to lending to environmentally sustainable economic activities. Speaking at an event organised by the Business Standard here, Mr. Rao […]

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