central bank digital currency

The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions,…

Reserve Bank of India governor Shaktikanta Das, at a press conference at the RBI head office, in Mumbai, on December 7, 2022. | Photo Credit: AP Asserting that the newly-introduced Central…

Reserve Bank's first pilot project for retail digital rupee is a "game changer" with durable effects that should ensure better monetary transmission at much lesser costs, SBI Chairman Dinesh…

India, despite its reluctance to make crypto a part of its financial systems, has shown growth in putting it the country's fiat currency on the blockchain. The pilot project for India's…

The deadlock between the Reserve Bank of India (RBI) and the European Securities and Market Authority (ESMA) over the inspection of Indian financing clearing houses may be broken by a…

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Reserve Bank of India Governor Shaktikanta Das said CBDC is going to be a major transformation of the way business is done -- the way transactions are conducted and highlighted that RBI is…

“Will to try and launch the CBDC in a full-fledged manner in the near future,” says Reserve Bank of India Governor Shaktikanta Das “Will to try and launch the CBDC in a full-fledged manner…

The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, it said on Monday, identifying nine banks, including…

It was a proposal made in October 2021 by the RBI to the government, which set India on the path of becoming one of the largest economies in the world to use a CBDC (Central Bank Digital…