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
Make GST payments only by e-rupee, tokenisation can achieve total transparencyTo enhance the Goods and Services Tax (GST) system, the GST Council should mandate e-rupee use for payments to curb input tax credit fraud ...
02 Sep, 2025, 11.02 PM IST
RBI e-rupee: How to use central bank digital currencyThe e-rupee—India’s central bank digital currency (CBDC)—is issued in the same denominations as coins and bank notes. Users may transact wi...
23 Jun, 2025, 06.30 AM IST
Mobikwik partners with RBI, Yes Bank to roll out CBDC e-rupeesMobiKwik has made the e-rupee wallet accessible to all Android users, enabling peer-to-peer and peer-to-merchant transactions.
28 Jan, 2025, 07.58 PM IST
Cred joins RBI's digital currency project; first fintech to give access to CBDCCred becomes the first fintech platform in India to offer access to the e-rupee, a digital currency launched by the Reserve Bank of India. ...
28 Jan, 2025, 01.36 PM 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
Google, Amazon, Walmart-owned PhonePe seek to join RBI's digital currency project: SourcesIndian payment firms GooglePay, PhonePe, AmazonPay, and Indian fintech firm Cred are among five companies reportedly seeking to join the Re...
07 Aug, 2024, 09.53 AM IST
Digital Rupee transactions slump after reaching initial RBI targetIndia's digital currency, the e-rupee, has seen a sharp decline in usage, dropping to 10% of its December peak, sources reveal. Initially b...
25 Jun, 2024, 11.31 AM IST
Cross-border remittances using e-rupee to halve cost of such payments to 2-3 pc: DEA Secy Ajay SethCentral Bank Digital Currency (CBDC), or e-rupee, can help reduce the cost of cross-border remittances by 2-3%, according to an official. T...
08 Dec, 2023, 05.10 PM IST
Digital Rupee: SBI allows interoperability of UPI and Central Bank Digital Currency (CBDC)With the use of this innovative innovation, customers of the SBI CBDC will be able to quickly scan any retailer's UPI QR code for quick and...
04 Sep, 2023, 11.56 AM IST
Pushing e-rupee payments using UPI infra on RBI's agendaThe RBI had launched the e-rupee for retail transactions on a pilot basis on December 1, 2022. As of June, about 13 lakh users have downloa...
12 Jul, 2023, 10.27 AM IST
Reliance General to accept CBDC e-Rupee through Yes BankCustomers who have an active e-wallet with any bank can scan Reliance General Insurance's eRupee QR code to make immediate payment, it said...
26 Apr, 2023, 09.40 PM IST
India’s e-rupee is here: What to expect from the retail CBDC pilotRBI launched the e-rupee pilot in 2022 and this marked a new milestone for the digital payments in the country.
06 Mar, 2023, 11.19 AM IST
Anand Mahindra buys fruits using India’s first-ever digital currency ‘e-rupee’; Shares video on twitter to show how it worksAnand Mahindra is making headlines for purchasing fruits using India’s first digital currency, the ‘e-rupee.’ The business tycoon shared a ...
26 Jan, 2023, 03.10 PM IST
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...
20 Jan, 2023, 11.34 AM IST
eRupee can’t be turned into cash directly, for nowAccording to the RBI, the eRupee pilot project has progressed quite satisfactorily in a closed-user group and the number of users is gradua...
19 Jan, 2023, 05.09 PM IST
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...
01 Dec, 2022, 04.28 PM IST