Pramod Rao News

green bonds and also help expand the broader debt market. To enable companies to issue Environmental, Social, and Governance (ESG) bonds locally, the Reserve Bank of India's (RBI) chief general manager Dimple Bhandia talked about the need for an enabling framework for such green bonds within the country, at an Assocham event Friday.

Laya Madduri, Secretary, Government of Assam said that financial inclusion is a critical issue that demands our attention. Microfinance institutions play a crucial role in filling the void to provide financial services in rural areas. Madduri at the 2nd National Summit on Financial Inclusion — “Accelerating Tech-Driven Financing to the Unbanked.” The national summit was organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) in Guwahatiunderscored, «Even those with access to financial resources often lack clarity on saving for the future.

Previous reports have clarified that it is unlikely that a comprehensive crypto-bill will be introduced in the Parliament for the upcoming Budget Session on 1 February.

cryptocurrency market was back in the red on Monday, thanks to profit-booking following weekend gains. Trading volumes sank significantly on account of the holiday week in Asian markets. Bitcoin, along with other tokens, moved little over the weekend with light trading volume, as the majority of the markets in Asia headed to the weeklong Lunar New Year holiday. All of the top-10 digital tokens were trading lower during the trade on Monday. Terra dropped more than 10 per cent while XRP and Solana shed 5 per cent each.

MUMBAI: Legal experts are divided over regulating crypto assets. While one section is advising the government not to take a hasty decision without understanding the use cases, the other is against continuing the status quo despite the difficulty in defining crypto. ICICI Bank’s group general counsel Pramod Rao has said, “The government’s pause (on introducing the crypto bill in Parliament) is a good thing for us to wait and watch, and decide whether we need a separate regulator, which can transcend into all use cases.” However, Cyril Amarchand Mangaldas partner Anu Tiwari said that it will take a few years for a new regulator to attain maturity — which is too long a time for crypto. According to Tiwari, Sebi is the practical choice for regulating crypto despite challenges like identifying issuers of tokens. Presented ByDid you Know?Sunny Leone too