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Explained: Why RBI is launching e-rupee in India

Four banks including SBI and ICICI will participate in the launch of the Central Bank Digital Rupee (CBDC) which will initially cover four cities — Mumbai, New Delhi, Bengaluru and Bhubaneswar. While some experts remain cautious about the concept, others are downright enthusiastic

Central Bank Digital Currency going to bring major transformation in the way business is done: RBI Governor

RBI Governor Shaktikanta Das said that the central bank will to try and launch the CBDC in a full-fledged manner in the near future

RBI to conduct pilot for digital rupee today; details here

The interbank market is anticipated to become more effective with the use of the digital rupee

RBI to launch India’s first digital rupee project: What is a CBDC and how will it work?

The Reserve Bank of India will roll out the digital rupee for the wholesale segment today as part of its pilot project. The digital rupee (CBDC) will give a big boost to the economy and positively change the banking scenario of the country

RBI to soon launch e-rupee: What is the digital currency and how is it different from cryptocurrency?

The Central Bank Digital Currency is a legal tender issued by the bank. The Reserve Bank said it will soon begin the pilot launch of e-rupee for specific use cases in the country

Nirmala Sitharaman flags anonymity as 'inherent risk' in use of blockchain

The finance minister's remarks come ahead of the launch of the budgetary announcement of CBDC which is based on the blockchain technology and billed as being similar to paper currency

Union Budget 2022: India introduces 30% cryptocurrency tax; how it will affect you

Union Budget 2022-23: The announcement of a heavy tax on crypto income has come as a big disappointment for crypto investors as finance minister Nirmala Sitharaman also gave no relief in case of losses

Budget 2022: All you need to know about Digital Rupee announced by FM Sitharaman

Digital currency will lead to a more efficient and cheaper currency management system. It is, therefore, proposed to introduce Digital Rupee, using blockchain, said Nirmala Sitharaman