RBI

The Reserve Bank of India (RBI) is aiming to clock one million transactions in India's under-trial CBDC, the eRupee, daily by December. In order to accelerate number of CBDC transactions,…

India may take the next big leap in its eRupee central bank digital currency (CBDC) venture any day now. The Reserve Bank of India (RBI) could soon facilitate CBDC payments via existing UPI…

After Singapore, UAE, Nepal, Bhutan and France, Sri Lanka is the new country to adopt India’s Unified Payments Interface (UPI) payment service. Prime Minister Narendra Modiand Sri Lanka…

In a first of its kind penalty, the Reserve Bank of India (RBI) has imposed Rs 65 lakh fine on AP Mahesh Cooperative Urban Bank for non-compliance of the Cyber Security Framework for Primary…

Amazon, earlier this week, made an announcement to allow customers to exchange their Rs. 2,000 notes. The statement came after the Reserve Bank of India on May 19 decided to withdraw all the…

Amazon customers can now use their Rs. 2,000 notes to top up their Amazon Pay balances during cash-on-delivery orders, as it offers a doorstep solution to ease the stress of exchanging such…

Inflation: Pulses put on display for sale at wholesale grocery market Khari Baoli, Delhi | Photo Credit: Sushil Kumar Verma The latest annual report released by the RBI highlights the…

National Payments Corporation of India (NPCI), the platform for operating retail payments and settlement systems in India is planning to introduce a new way for feature phone usersto make…

India is planning to introducing its own blockchain-based eRupee CBDC for commercial use. The country is mulling more ways to make this process simple for adoption. On Thursday, May 8, RBI…

Express News Service As an RBI insider for so long, do you think that the bank’s conduct of monetary policy with respect to its ability to manage economic cycles, since…