Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster adoption, fintech companies like CRED and MobiKwik are introducing CBDC ...

CBDC should work within UPI, not as a separate system. If Digital Rupee is just another option on the same app people already ...

The Reserve Bank of India (RBI) has taken a conservative but pragmatic stance on digital money. But what exactly is RBI's ...

With the use of central bank digital currency (CBDC) remaining low, the Reserve Bank of India (RBI) is now exploring cash transfer schemes by state governments as a means to promote the digital rupee.

When it comes to CBDC, RBI seems to have taken Edward Hickson's 1840 moral song, 'Perseverance, Or Try Again', to heart: 'If at first you don't succeed, try, try, try again.' Launched in late 2022 ...

Bank of Baroda recently introduced a model using CBDC for small merchant loyalty programs. Officials sought to dispel concerns that RBI is against innovation, clarifying that recent actions ...

The RBI initiated a pilot for the e-rupee ... enhance financial inclusion and adopt digital payments. "Mintoak adds CBDC and bill payments capabilities with Digiledge purchase " was originally ...

CBDC, also known as the e-rupee, is a digital currency issued by the Reserve Bank of India (RBI) as an alternative to the physical rupee. While the Central Bank ran a pilot for this back in 2022 ...

The SRO-FT Development Foundation is an offshoot of FCC. Self-regulatory organisations (SROs) are expected to act as a bridge ...

KOCHI: Climate tech startup, Circularity Innovation Hub India and Kerala-based sustainability startup Green Worms have successfully executed a global and India’ ...