CBDC

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Banks have ceded the unified payments interface space to non-banks, Reserve Bank of India deputy governor T Rabi Sankar has said. Sankar also said the RBI was considering more use cases for the expansion of the central bank digital currency…

The central bank has asked lenders not to report low-value transactions made via the digital rupee, seeking to ensure its proposed virtual currency offers a similar degree of anonymity associated with paper money for business exchanges…

Meta India has been hit by fresh top-level exits, days after the tech giant said it would sack about 11,000 employees worldwide. Abhijit Bose, head of WhatsApp India, and Rajiv Aggarwal, public policy director for Facebook, have quit the…

The RBI has roped in at least five banks to work with it on a pilot project for its digital currency -- the Digital Rupee -- for the retail market. According to a report in The Economic Times, these banks are State Bank of India,…

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“Will to try and launch the CBDC in a full-fledged manner in the near future,” says Reserve Bank of India Governor Shaktikanta Das “Will to try and launch the CBDC in a full-fledged manner in the near future,” says Reserve Bank of India…

Mumbai: The Reserve Bank of India (RBI) will become one of the first major central banks in the world to start a pilot project with its own virtual currency when the wholesale digital rupee is used on a trial basis from Tuesday — initially…

The RBI floated a concept note delving into the risks and benefits of introducing Central Bank Digital Currencies (CBDCs) in India as part of their phased implementation strategy The RBI floated a concept note delving into the risks and…