Digital Currency

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

What are stablecoins and and how do they work? All you need to know

Businesses can take payment for a very low cost by using stablecoins, and governments can run conditional cash transfer schemes more easily than in the past

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

RBI to adopt graded approach to introduce digital currency

The RBI said that it has been exploring the pros and cons of the introduction of Central Bank Digital Currency in India and the appropriate design elements of CBDCs that could be implemented with little, or no disruption are under examination

India's official digital currency likely to debut by early 2023, says top government source

He said the digital currency issued by the RBI would be numbered in units, just like every fiat currency has an unique number

RBI to issue digital currency based on blockchain: What blockchain technology is, how it works

Finance minister Nirmala Sitharaman on Tuesday announced that the Reserve Bank of India (RBI) will soon introduce digital currency based on blockchain technology.

Union Budget 2022: Digital currency by RBI to be launched in 2022-2023, announces Nirmala Sitharaman

The RBI has been working on a plan to introduce the Central Bank Digital Currency (CBDC) for the past few months