Search For "digital rupee"
RBI launches retail digital rupee on pilot basis
Updated : 3 years, 3 months ago IST
The digital rupee would offer features of physical cash like trust, safety and settlement finality.
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RBI to launch retail digital rupee on Thursday on pilot basis
Updated : 3 years, 3 months ago IST
According to a statement from RBI, the pilot would cover select locations in closed user group (CUG) comprising participating customers and merchants. The eRs-R would be in the form of a digital token that represents legal tender.
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Govt launches pilot in digital rupee for wholesale segment
Updated : 3 years, 4 months ago IST
RBI will launch a pilot in digital rupee for the wholesale segment on Tuesday.
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RBI releases 'concept note' on Central Bank Digital Currency
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 7 (ANI): The Reserve Bank of India (RBI) on Friday released a so-called 'concept note' on Central Bank Digital Currency (CBDC) with an objective to create awareness about the planned features of the digital rupee.
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Cryptocurrency big threat for financial stability: Shaktikanta Das
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 10 (ANI): Cryptocurrency is privately created and it is a very big threat to the country's macroeconomic and financial stability, RBI Governor Shaktikanta Das said on Thursday.
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How people can use Cryptocurrencies in India
Updated : 4 years, 1 month ago IST
New Delhi [India], February 8 (ANI): Ever since Finance Minister Nirmala Sitharaman spoke about digital currencies in her Budget speech earlier this month, the curiosity about the matter has risen by leaps and bounds.
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RBI's Digital Rupee will help curb black money menace
Updated : 4 years, 1 month ago IST
New Delhi [India], February 4 (ANI): The proposed digital rupee to be issued by the Reserve Bank of India (RBI) starting from the next financial year will not only give a boost to the digital economy but also help curb the menace of black money, a senior finance ministry official said.
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Crypto's like Bitcoin and Ethereum will never become a legal tender: Finan
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary TV Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender.
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Digital Rupee will open up new opportunities for Fintech sector, says PM M
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): Prime Minister Narendra Modi on Wednesday said the digital Rupee will open up new opportunities for the Fintech sector and will give a big boost to the digital economy.
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Government does not recognize private cryptocurrency as legal tender, dig
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Noting that digital currency to be issued by the Reserve Bank of India (RBI) will be official and legal tender, Union Commerce and Industry Minister Piyush Goyal on Tuesday said the government does not recognize private cryptocurrencies as legal tender
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30 pc tax on virtual digital assets will help regulate crypto, says Niti A
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): India going to be the first country to implement a digital rupee and a high tax on digital currency to be beneficial for middle-class investors as it sees frequent fluctuations, says Amitabh Kant, CEO of Niti Ayog on Tuesday.
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75 Digital Banking units to be setup in 75 districts by scheduled commerci
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday announced the introduction of Digital Rupee which will be issued by the Reserve Bank of India starting 2022-23, along with the setting up of 75 digital banking units in 75 districts by scheduled commerc
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