Why the RBI Wants to Support CBDC Distribution via Non-Bank Payment Firms

Several countries, including India, are expanding central bank digital currency (CBDC) trials, hoping to integrate then…

SBI Introduces UPI Interoperability With CBDC for Seamless Transactions

The State Bank of India (SBI) has announced the implementation of Unified Payments Interface (UPI) interoperability…

RBI’s CBDC Can Now Be Accepted at Reliance General Insurance Through Yes Bank

Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the…

India Has No Plans to Incentivise CBDC Users Despite Tedious Onboarding

India is forging ahead with the trials of its central bank digital currency (CBDC) dubbed as…

Digital Rupee CBDC Trial Begins in India: Here’s What the Experts Are Saying

India’s digital rupee CBDC, officially stepped into its retail trial period in four cities — New…

RBI’s First Pilot for Retail Digital Rupee to Go Live on December 1

The Reserve Bank of India (RBI) is expanding the use cases of its digital rupee CBDC.…

RBI to Begin Pilot of Digital Rupee on November 1; 9 Banks to Participate

The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for…

CBDC: RBI to Commence Pilot Launch of E-Rupee for Specific Use Cases

The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for…

CBDCs Will Make Cross-Border Transactions Cost-Effect, Says RBI Exec

The Reserve Bank of India’s (RBI) Deputy Governor T Rabi Sankar has stated that the country’s…

‘Well-Designed’ CBDCs Are Better Than Regulated Stablecoins: IMF

Central banks around the world are gearing up to take the fight to cryptocurrencies through Central…