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DIGITAL RUPEE PILOT
RBI to explore CBDC pilot in cross-border transactionsThe Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail spa...
RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulationReserve Bank of India's spending on printing money dropped significantly. This happened even as the total value of currency in circulation ...
RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay MalhotraThe Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be und...
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...
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
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...
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...
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 ...
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...
Digital Rupee: How is RBI retail e-Rupee different from UPI, NEFT, RTGS?e-Rupee is an electronic form of sovereign currency while UPI applications such as Google Pay, PhonePe, NEFT, and RTGS are different method...
RBI plans to expand applications of digital rupee in future pilot projects"Wholesale digital rupee is expected to make the inter-bank market more efficient and reduce transaction costs by pre-empting the need for ...
RBI retail digital rupee pilot starts: Who can use e-Rupee?The pilot project of retail digital rupee will cover select locations in closed user groups (CUG) which will include both the customers and...
How to use Yes Bank’s Digital Rupee appYES BANK is one amongst the four banks identified by the RBI under the first pilot of its digital currency (e₹) for the retail market.
India's digital rupee fails to excite interest, bankers sayThe RBI has devised the e-rupee basically as a digital alternative to cash - one using blockchain distributed-ledger technology, to some de...
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...
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...
RBI to launch Digital Rupee pilot for wholesale segment from November 1"The use case for this pilot (wholesale segment) is settlement of secondary market transactions in government securities. Use of e₹-W is ex...