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India ranks 2nd globally in deposit insurance cover

India ranks 2nd globally in deposit insurance cover

Deposit insurers are having to re-evaluate operational risks posed to depositors and member banks from the emergence of...

13 Aug 2024 10:10 PM IST

US Treasury Secretary Janet Yellen said one Treasury recommendation is that the U.S. advance policy and technical work on a potential central bank digital currency, or CBDC, so that the United States is prepared if CBDC is determined to be in the national interest. (Photo: AP)

US Treasury recommends exploring creation of a digital dollar

WASHINGTON: The Biden administration is moving one step closer to developing a central bank digital currency, known...

18 Sept 2022 6:41 PM IST