Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
23 May, 2026, 12.06 PM IST
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
18 May, 2026, 05.46 PM IST
India's digital currency push targets its leaky welfare systemWhile India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...
23 Apr, 2026, 10.48 AM IST
India's digital currency push targets its leaky welfare systemIndia is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...
23 Apr, 2026, 09.29 AM IST
CBDC big update: Soon use RBI’s Digital Rupee for offline transactionsSoon, offline transactions can be conducted using the RBI's Digital Rupee. The Reserve Bank of India (RBI) has stated that its Central Bank...
09 Feb, 2024, 11.18 AM IST
Union Bank of India employees unhappy for getting perks in digital currencyRBI Digital Currency: Union Bank of India aims to adopt Reserve Bank of India's digital rupee for employee benefit schemes, encouraging CBD...
02 Jan, 2024, 04.04 PM IST
SBI, HDFC Bank, Bank of Baroda, other banks allow you to scan UPI QR code and pay via RBI CBDC; how it worksSeveral banks have recently enabled a new functionality for their customers who are transacting using e-Rupee or Digital Rupee, which is In...
09 Sep, 2023, 12.50 PM IST
PNB allows CBDC-UPI interoperability via PNB Digital Rupee app; how to register and sign up for Digital RupeeCustomers of PNB can now pay their vendors using the UPI QR code by scanning it using the PNB Digital Rupee app, or utilise it to finish a ...
05 Sep, 2023, 04.49 PM IST
Canara Bank launches UPI Interoperable Digital Rupee mobile appCustomers will be able to scan merchant UPI QR codes using the app and make the payment through digital currency.
22 Aug, 2023, 05.47 PM IST
Canara Bank launches UPI Interoperable Digital Rupee mobile applicationCanara Bank on Monday launched UPI Interoperable Digital Rupee mobile application as a part of the Reserve Bank of India's Central Bank Dig...
21 Aug, 2023, 02.59 PM IST
HDFC Bank onboards 1 lakh customers and 1.7 lakh merchants on CBDC platformPrivate lender HDFC Bank on Thursday said it has onboarded over 1 lakh customers and 1.7 lakh merchants under the Central Bank digital curr...
13 Jul, 2023, 01.03 PM IST
Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locationsTouted as the e-Rupee or Digital Rupee, the RBI CBDC is an electronic form of sovereign currency. "The pilot in CBDC-Retail is proposed to ...
30 May, 2023, 02.43 PM IST
How to use RBI's Digital RupeeThe e-Rupee (of RBI Digital Rupee) would exist as a digital token that represents for money. It would be distributed in the same denominati...
09 Feb, 2023, 04.13 PM IST
e-Rupee may offer same anonymity as dealing in cashBankers said that once the CBDC-R (Central Bank Backed Digital Currency-Retail) is transferred to customer wallets, banks will not track or...
01 Dec, 2022, 04.21 PM IST
How will RBI's CBDC Digital Rupee work, how is it different from digital money?RBI is all set to commence the pilot project of India's very own digital currency —Digital Rupee — for the wholesale segment from November ...
28 Nov, 2022, 03.03 PM IST
SBI, ICICI, IDFC, HDFC, Yes Bank in RBI's list for digital currency pilotThe Reserve Bank is deliberating on whether retail CBDC (also known as CBDC-R) should be interoperable with the current digital payments sy...
15 Nov, 2022, 05.49 PM IST
RBI CBDC: Digital Rupee pilot starts from November 1; SBI, HDFC, 7 other banks to participate in wholesale launchDigital Rupee pilot for wholesale segment: RBI has identified nine banks including State Bank of India, Bank of Baroda, Union Bank of India...
09 Nov, 2022, 03.16 PM IST