Search For "digital rupee"
Will CBDC (Central Bank Digital Currency) help India to achieve five trill
Updated : 1 month, 2 weeks 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
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Bringing efficiency in cross-border payments among motivations behind whol
Updated : 1 month, 2 weeks ago IST
Bringing efficiency in cross-border payments is another important motivation for introducing Central Bank Digital Currency in the wholesale segment.
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RBI's digital rupee a "game changer", says SBI Chairman
Updated : 1 month, 4 weeks ago IST
The RBI on Thursday announced the launch of a digital rupee retail pilot for a closed user group.
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RBI launches retail digital rupee on pilot basis
Updated : 1 month, 4 weeks 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 : 2 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 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 months, 3 weeks 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 : 11 months, 3 weeks 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 : 11 months, 3 weeks 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 : 12 months 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 : 12 months 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 : 12 months 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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