हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

CBDC

RBI, Banks Plan New Features To Boost Digital Currency, e-rupee, Soon

Retail CBDC transactions are averaging close to 18,000 a day, way short of the RBI's one million-a-day target by 2023 end. The features include allowing digital rupee transactions when a customer is offline and linking the e-rupee to India's popular Unified Payments Interface (UPI), three of the people quoted above said.

Sep 11, 2023, 12:28 PM IST

List Of Banks That Allow Digital Rupee Interoperable With UPI

The e₹-R would be in the form of a digital token that represents legal tender, distributed through intermediaries, i.e., banks. It would be issued in the same denominations that paper currency and coins are currently issued.

Sep 08, 2023, 12:49 PM IST

RBI To Highlight Digital Payments Infrastructure At G20 Summit

According to RBI sources, the RBI exhibition pavilion at the G20 summit will put up five major items for display, including the Public Tech Platform (PTP) for frictionless credit.

Sep 06, 2023, 08:50 AM IST

RBI Digital Rupee: E-Rupee to be Piloted by 5 More Banks in 9 More Cities Soon

The CBDC is expected to make the inter-bank market more efficient and settlements in e-rupee can reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk.

Feb 08, 2023, 21:01 PM IST

IAMAI dissolves Blockchain & crypto council amid regulatory uncertainties

IAMAI announced the dissolution of the BACC. The association said that its resources should be utilised for deepening financial inclusion and promoting Central Bank-issued Digital Currency.

Jul 15, 2022, 12:34 PM IST