Search For "digital rupee"
"Era of India": Black Rock CEO Larry Fink lauds Modi-led rupee digitisatio
Updated : 1 month, 1 week ago IST
Terming it the "era of India", Larry Fink, Chairman and CEO of BlackRock, on Wednesday lauded the Narendra Modi government for digitising the rupee and transforming commerce across the country, saying he is worried that other nations, including the United States, are falling behind.
Read More
Hashtag Web3 Releases a Collaborative Report on India's Digital Currency
Updated : 1 year, 4 months ago IST
New Delhi [India], November 12: Hashtag Web3's latest report, Central Bank Digital Currency in India, provides a comprehensive look at India's transition to the Digital Rupee. This collaborative analysis, enriched by insights from over 30 industry experts and the Web3 community, examines the
Read More
At Davos, RBI Governor says digital currency will make cross border paymen
Updated : 2 years, 1 month ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and fast, in addition to being cost-effective.
Read More
SBI introduces UPI interoperability for CBDC
Updated : 2 years, 6 months ago IST
With this step, the bank is poised to provide unparalleled convenience and accessibility to its customers. This feature, accessible through the 'eRupee by SBI' application, empowers SBI CBDC users to effortlessly scan any merchant UPI QR code, facilitating swift and secure transactions.
Read More
SBI allows UPI interoperability with digital Rupee for seamless transactio
Updated : 2 years, 6 months ago IST
UPI payment system has become hugely popular for retail digital payments in India, and its adoption is increasing at a rapid pace.
Read More
RBI’s digital rupee, KCC loan innovations displayed at G20 FMCBG event in
Updated : 2 years, 8 months ago IST
The Reserve Bank of India (RBI) has showcased its innovations -- ‘Frictionless Credit’ and ‘Central Bank Digital Currency’ -- at the innovation pavilion on the sidelines of the 3rd meeting of Finance Ministers and Central Bank Governors (FMCBG) under India’s G20 presidency here at the Mahatm
Read More
RBI's retail pilot of the digital rupee goes live in India's 4 metro citie
Updated : 2 years, 11 months ago IST
New Delhi [India], April 7 (ANI/PNN): As expected, the pilot for the retail digital rupee was launched in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, 2022. The retail digital rupee project started in a closed user group with the participation of four leading lenders, includin
Read More
Eight banks participated in digital currency project: RBI Deputy Governor
Updated : 3 years, 1 month ago IST
T Rabi Sankar said that there are currently over 50,000 retail central bank digital currency (CBDC) users in India.
Read More
Reliance Retail, Innoviti Technologies, ICICI Bank & Kotak Mahindra Ba
Updated : 3 years, 1 month ago IST
Bengaluru (Karnataka) [India], February 3 (ANI/PRNewswire): Innoviti Technologies in collaboration with Reliance Retail, ICICI Bank and Kotak Mahindra Bank, on Thursday announced the launch of in-store acceptance of retail payments via Digital Rupee - Retail [eRs-R]. After being the first to
Read More
Will CBDC (Central Bank Digital Currency) help India to achieve five trill
Updated : 3 years, 3 months ago IST
New Delhi [India], December 13 (ANI/PNN): India's quest to eradicate black money has been a long one considering the prominence of cash over digital currency and the gigantic population which previously believed in stashing cash under their mattresses. Will the advent of Central Bank Digital
Read More
Bringing efficiency in cross-border payments among motivations behind whol
Updated : 3 years, 3 months ago IST
Bringing efficiency in cross-border payments is another important motivation for introducing Central Bank Digital Currency in the wholesale segment.
Read More
RBI's digital rupee a "game changer", says SBI Chairman
Updated : 3 years, 3 months ago IST
The RBI on Thursday announced the launch of a digital rupee retail pilot for a closed user group.
Read More