Permanent Deletion of Transactions Would Make CBDCs Like Cash: RBI Governor
India’s trials of its eRupee digital currency are already in its advanced phases, paving way for its widespread adoption and…
Why the RBI Wants to Support CBDC Distribution via Non-Bank Payment Firms
Several countries, including India, are expanding central bank digital currency (CBDC) trials, hoping to integrate then with their existing financial…
SBI Introduces UPI Interoperability With CBDC for Seamless Transactions
The State Bank of India (SBI) has announced the implementation of Unified Payments Interface (UPI) interoperability with the Digital Rupee,…
RBI’s Retail Digital Rupee Pilot to Expand to a Wider Set of Lenders: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes…
RBI’s CBDC Can Now Be Accepted at Reliance General Insurance Through Yes Bank
Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the…
E-Rupee Worth Over Rs. 130 Crore in Circulation: FM Nirmala Sitharaman
Digital or e-rupee worth over Rs 130 crore is in circulation on a pilot basis as of February 28, finance…
India Has No Plans to Incentivise CBDC Users Despite Tedious Onboarding
India is forging ahead with the trials of its central bank digital currency (CBDC) dubbed as the digital rupee (e₹-R)…
Digital Rupee CBDC Trial Begins in India: Here’s What the Experts Are Saying
India’s digital rupee CBDC, officially stepped into its retail trial period in four cities — New Delhi, Mumbai, Bengaluru, and…
RBI’s First Pilot for Retail Digital Rupee to Go Live on December 1
The Reserve Bank of India (RBI) is expanding the use cases of its digital rupee CBDC. Starting December 1, the…
RBI to Begin Pilot of Digital Rupee on November 1; 9 Banks to Participate
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on…