RBL Bank Q4 results: RBL Bank posted a 30% increase in net profit, reaching Rs 353 crore for the quarter ending March 31, 2024, compared to Rs 271 crore recorded in the same period last year. Additionally, the profit after tax (PAT) surged by 51% sequentially, rising from Rs 233 crore in the October-December quarter.
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