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...
23 May, 2026, 12.06 PM IST
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
18 May, 2026, 05.46 PM IST
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
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
CBDC big update: Soon use RBI’s Digital Rupee for offline transactionsSoon, offline transactions can be conducted using the RBI's Digital Rupee. The Reserve Bank of India (RBI) has stated that its Central Bank...
09 Feb, 2024, 11.18 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 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
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
RBI to soon launch CBDC pilot project; blockchain world high on spiritsRBI also expressed concern about the popularity of cryptocurrency in recent years. The proliferation of crypto assets can pose significant ...
11 Oct, 2022, 12.24 AM IST
Plan to introduce CBDC in India within FY23, but gradually: RBIAs announced in the Union Budget for the ongoing fiscal, the Central Bank Digital Currency (CBDC) will be introduced in India within the on...
08 Jun, 2022, 12.34 PM IST
RBI to adopt graded approach to introduce digital currencyThe RBI said that it has been exploring the pros and cons of the introduction of CBDC in India and the appropriate design elements of CBDCs...
28 May, 2022, 08.34 AM IST
What is digital rupee? And how will it work?CBDC is a digital or virtual currency but is not comparable to the private virtual currencies that have mushroomed over the last decade.
03 Feb, 2022, 10.13 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
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