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
RBI launches digital currency retail sandboxThe Reserve Bank of India has launched a retail sandbox for its central bank digital currency (CBDC), enabling fintech firms to develop and...
08 Oct, 2025, 06.55 PM IST
Permanent deletion of transactions can help make e-rupee anonymous: Shaktikanta DasIt can be noted that since the introduction of the CBDC in late 2022, there have been concerns about the privacy aspect, with some saying t...
06 May, 2024, 08.43 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
Digital Rupee: RBI widens scope of CBDC; non-banking payment companies to facilitate transactionsDigital Rupee transaction: The Reserve Bank of India has proposed that CBDC (Central Bank Digital Currency) or, the eRupee, to be accessibl...
05 Apr, 2024, 11.49 AM IST
RBI adds increased functionality to CBDCThe CBDC Retail (CBDC-R) pilot currently allows for Person to Person (P2P) and Person to Merchant (P2M) transactions using Digital Rupee wa...
08 Feb, 2024, 03.04 PM IST
RBI likely to start digital rupee pilot in call money market by October"The RBI will introduce the wholesale CBDC in the call market either this month or next month," Choudhary said on the sidelines of the G20 ...
10 Sep, 2023, 02.42 PM IST
RBI likely to start digital rupee pilot in call money market by OctoberThe pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched on November 1, 2022, with the use case being limi...
10 Sep, 2023, 12.52 PM IST
Jio Financial to explore blockchain-based platforms and CBDC: Mukesh Ambani at AGMThe RBI had last year begun experiments on both the wholesale and retail versions of e-rupee using the blockchain distributed-ledger techno...
28 Aug, 2023, 05.34 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
Why central banks oppose crypto but explore own digital currenciesDigital payments like UPI are electronic instructions that authorise intermediaries such as banks to facilitate transactions. Even if they ...
25 Jan, 2022, 07.00 AM 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
Will Mint Street's digital currency ambition break the banking system?Central banks now understand the huge impact the blockchain and distributed technology is creating in the financial system which solves the...
24 Oct, 2021, 11.39 AM IST
RBI could come out with model on India's digital currency by end of the yearACBDC is a form of virtual currency or cryptocurrency that is issued by a central bank as an alternative to its currency. These are largely...
06 Aug, 2021, 02.19 PM IST
RBI is working on making virtual currency a realityA CBDC is a form of virtual currency or cryptocurrency that is issued by a central bank as an alternative to its currency. These are largel...
23 Jul, 2021, 06.31 AM IST
RBI working towards 'phased introduction' of digital rupeeA CBDC is a form of virtual currency that is issued by a central bank as an alternative to cash.
22 Jul, 2021, 07.29 PM IST