The Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail spa...

Reserve Bank of India's spending on printing money dropped significantly. This happened even as the total value of currency in circulation ...

The Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be und...

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In the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...

While 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 is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...

Touted 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 ...

The e-Rupee (of RBI Digital Rupee) would exist as a digital token that represents for money. It would be distributed in the same denominati...

e-Rupee is an electronic form of sovereign currency while UPI applications such as Google Pay, PhonePe, NEFT, and RTGS are different method...

"Wholesale digital rupee is expected to make the inter-bank market more efficient and reduce transaction costs by pre-empting the need for ...

The pilot project of retail digital rupee will cover select locations in closed user groups (CUG) which will include both the customers and...

YES BANK is one amongst the four banks identified by the RBI under the first pilot of its digital currency (e₹) for the retail market.

The RBI has devised the e-rupee basically as a digital alternative to cash - one using blockchain distributed-ledger technology, to some de...

The Reserve Bank is deliberating on whether retail CBDC (also known as CBDC-R) should be interoperable with the current digital payments sy...

Digital Rupee pilot for wholesale segment: RBI has identified nine banks including State Bank of India, Bank of Baroda, Union Bank of India...

"The use case for this pilot (wholesale segment) is settlement of secondary market transactions in government securities. Use of e₹-W is ex...