Stocks that were in focus included names like Paytm, which fell 3.08%, LIC, which rose 9.7%, and Balrampur Chini Mills, whose shares declined 2% on Friday.
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