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News Entry# 537242
Jan 12 (14:31) RBI Governor Das Skeptical on Bitcoin ETFs, Cautions Banks on AI-Driven Loans
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क्या भारत में भी Bitcoin ETF को मिलेगी मंजूरी? RBI गवर्नर ने कही ये बात

RBI Governor Shaktikanta Das has expressed skepticism towards adopting cryptocurrency models like Bitcoin ETFs, citing the risks associated with such ventures, especially for emerging markets. He emphasized that RBI's stance against cryptocurrencies remains unchanged, even with the recent approval of Bitcoin ETFs in the US. Das highlighted that the US authorities...
more...
have acknowledged the risks involved and advised caution. Regarding the Interim Budget and its potential impact on inflation, Das indicated that he doesn't anticipate a significant increase in inflation. Das also highlighted the importance of cybersecurity in the banking sector and cautioned banks against solely relying on algorithms and AI for loan approvals, emphasizing the need for human oversight.

RBI Governor Shaktikanta Das ne Bitcoin ETF jaise cryptocurrency model ko adopt karne ke baare mein shak vyakt kiya hai, kyunki unhone is tarah ke business se judi risks, khaas karke emerging markets ke liye, bataayi hain. Unhone yeh bhi bataya ki RBI ka cryptocurrency ke khilaaf stand badla nahin hai,...
more...
chahe US mein Bitcoin ETF ko approve kiya gaya ho. Das ne yeh bhi bataya ki US authorities ne isse judi risks ko accept kiya hai aur logon ko saavdhan rahne ki salaah di hai. Interim Budget aur iske inflation par possible effect ke baare mein puchhe jaane par, Das ne kaha ki unhe nahin lagta ki inflation mein koi badi badlaav aayega. Das ne banking sector mein cybersecurity ki importance ko bhi highlight kiya aur banks ko loan approve karne ke liye sirf algorithms aur AI par depend na karne ki salaah di, aur human oversight ki jaroorat bataayi.
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