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RETAIL CBDC
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
- Retail users power up e-Rupee transactionsThe Central Bank Digital Currency (CBDC), or e-rupee, has seen significant growth among retail users. As of March 2024, e-rupee circulation...17 Sep, 2024, 12.56 AM IST
- RBI working on off-line mode to boost retail CBDC volumes: Guv Shaktikanta DasThe Reserve Bank of India (RBI) is working to increase the acceptance of the Central Bank Digital Currency (CBDC) for retail transactions, ...06 May, 2024, 07.40 PM IST
- RBI proposes distribution of CBDC through non banks; seeks to broaden retail access to digital currencyThe Reserve Bank of India (RBI) is expanding the usage of Central Bank Digital Currency (CBDC) by allowing distribution through Non-bank Pa...05 Apr, 2024, 01.28 PM IST
- Retail CBDC transactions to rise exponentially: RBI Deputy GovernorRBI deputy governor T Rabi Sankar said on Thursday that the number of retail CBDC transactions would rise exponentially in coming months as...08 Sep, 2023, 12.44 AM 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
- Is RBI's much-touted retail digital rupee really a 'game changer'?Some think that retail CBDC is revolutionary because, unlike currency, it will remain on RBI's balance sheet. This comes from the mistaken ...06 Dec, 2022, 11.47 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
- RBI in final stages of retail CBDC pilot rolloutOfficials indicated that the platform for CBDC is being hosted by the National Payments Corporation of India and will be similar to the cur...19 Nov, 2022, 12.40 AM IST
- NPCI to host RBI-backed retail CBDC, trials soonThe platform for CBDC is being hosted by the National Payments Corporation of India and will be similar to the current UPI platform, said b...18 Nov, 2022, 06.10 PM IST
- RBI ropes in banks for beta-testing the digipee for retail transactionsThe digipee for retail targets consumers, providing them access to safe money for payment and other settlements. This will reduce cash use ...15 Nov, 2022, 11.34 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
- A quick guide for Reserve Bank of India on how to develop digital rupeeThe CBDC design is closely linked to its policy motivation. For instance, countries that are exploring a sovereign digital currency to impr...03 Feb, 2022, 11.46 PM IST
- Banks raise disintermediation concerns over RBI’s digital currency plansWholesale CBDC could be rolled out first, retail CBDC only after addressing every concern.17 Dec, 2021, 03.44 PM IST
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