Hero Motors was spun off from Hero Cycles, a company helmed by Pankaj Munjal’s father Om Prakash Munjal for decades before the latter passed away in 2015. Hero MotoCorp’s Pawan Munjal is the son of Brij Mohan Lall Munjal, a sibling of Om Prakash Munjal.
Stablecoins pose big risks, serve no real purpose, says RBI’s Rabi Sankar
Reserve Bank of India Deputy Governor T. Rabi Sankar cautioned against stablecoins, citing significant macroeconomic risks and their lack of unique utility compared to fiat