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Technicals Technical Chart Visualize Screener. Commodities Views News. Forex Forex News Currency Converter. More Sitemap Definitions. Indian banks rush to join bitcoin party. Also, these banks are reaching out to.
Also, these banks are reaching out to cryptocurrency exchanges and offering them several facilities. These banks had suspended several accounts held by major Bitcoin exchanges and companies in They had sought additional collaterals from the promoters initially, but eventually stopped lending to them all together. The RBI had warned investors of virtual currencies over potential economic and financial risk and stated that it had not given any licence to any company to operate or deal in Bitcoin or any other virtual currency.
As the exchanges saw large volume and with no precise clarity on regulations around cryptocurrency in India, banks are now offering services to the trading companies. Sachin Dave. Abc Medium. Abc Large. Exclusive invites to Virtual Events with Industry Leaders. Browse Companies:. To see your saved stories, click on link hightlighted in bold. Reuters Nov 24, , IST. Read Post a comment. Characters Remaining: Continue without login. Login from existing account Facebook Google Email.
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