Washington, April 9 (IANS) A White House economic study has found that banning yield on stablecoins would do little to increase bank lending, challenging a central argument made by traditional banks in the debate over digital assets. The analysis by the Council of Economic Advisers (CEA) shows that eliminating stablecoin yield would raise lending by just $2.1 billion, or about 0.02 per cent, while imposing a net welfare cost of $800 million.The findings come as policymakers weigh tighter rules o…
Latest Treasury Bills News & Updates
New Delhi, March 27 (IANS) The government announced on Friday that, in consultation with the Reserve Bank of India (RBI), it has decided to borrow Rs 8.20 lakh crore during the first half (H1) of the financial year 2026-27.Gross market borrowing in the Budget Estimate (BE) 2026-27 was fixed at Rs 17.20 lakh crore. Since the presentation of the Budget, switches of G-Sec were conducted, reducing gross market borrowing to Rs 16.09 lakh crore. As much as Rs 8.20 lakh crore, which works out to 51 per…
Mumbai, Feb 6 (IANS) RBI Governor Sanjay Malhotra said on Friday that the government’s borrowing programme is on the lower side, which would enable it to raise the required resources at reasonable prices.Addressing the post-monetary policy press conference, the RBI Governor said there was a need to focus on the net borrowing figure rather than gross borrowings.“It may not be right to look at the gross borrowing number alone. There are much more redemptions in FY27 so gross borrowing is expec…