The RBI chief said, “cryptos may lead to dollarization of the developing countries like India as the prices of crypto tokens are mostly denominated in dollars.”He said that this will create serious financial instability in the country. The RBI governor also added that cryptos pose a serious risk for small investors who are prone to lose their money.
Defying gravity: This smallcap stock surges 22% in just two sessions after BNP Paribas buys stake
Unified Data Tech surged 16% to a 52-week high of ₹387 on strong volumes following a block deal where BNP Paribas acquired over 1 lakh
June 12, 2025