RBI's Retail Pilot Of The Digital Rupee Goes Live In India's 4 Metro Cities
As per CBDC tracker, almost 105 countries representing 95 percent of the world's GDP have taken steps to inculcate digital currency in their ecosystem.
Apr 07, 2023, 15:49 PM IST
Digital Rupee cannot be exchanged for cash, only bank deposits will be used to issue eRupee: Report
Anuj Ranjan, the top general manager of the RBI's fintech division, reportedly stated that the pilot project has moved pretty nicely in a closed-user group and that the number of users is gradually increasing when speaking at an event at the Indian Merchants' Chamber.
Jan 19, 2023, 16:25 PM IST
Launch of digital rupee a historic milestone, says RBI executive director
RBI has already launched the Central Bank Digital Currency CBDC-W and CBDC-R on a pilot basis for the Indian market. CBDC-W and CBDC-R refer to wholesale and retail, respectively.
Dec 22, 2022, 20:15 PM IST
Explained in PICS: RBI Digital Rupee Vs UPI-- check how both are different from each other
Dec 15, 2022, 12:51 PM IST
Digital rupee a game changer, should ensure better monetary transmission: SBI Chairman Dinesh Khara
RBI's pilot project on retail-CBDC is a game changer with durable effects that should ensure better monetary transmission at much lesser costs, said SBI Chairman.
Dec 02, 2022, 21:09 PM IST
DNA: Digital currency or magic wand!
Now you do not need any bank account to keep or give money and this magic happened because of digital currency. It means, from today, the use of digital currency has started for all the common people.
Dec 01, 2022, 23:38 PM IST
ATTENTION! 5 BIG changes from today, December 1, 2022 that have direct impact on your finance
Dec 01, 2022, 10:09 AM IST
RBI to launch pilot of retail digital rupee on December 1; four banks to participate initially
RBI said the pilot would cover select locations in closed user group (CUG) comprising participating customers and merchants.
Nov 29, 2022, 18:32 PM IST
Explained: Is the Digital rupee future of money? Will it successfully boost the Indian economy?
The e-rupee is a virtual currency that simplifies, speeds up, and reduces the cost of making payments. It will facilitate frictionless digital transactions in electronic format. Users can pay directly, saving money on transaction fees.
Nov 11, 2022, 11:21 AM IST
Explained: What is Digital Rupee and what RBI wants to achieve through this?
e-Rupee is a digital version of currency notes issued by a central bank, a kind of digital money that can be used in contactless transactions.
Nov 04, 2022, 18:13 PM IST
DNA: How Indian economy will benefit from digital currency?
Now you will be able to do transaction in a currency which you can neither touch nor it will get spoiled and you will be able to keep it for many years. Today, digital currency has been started as a pilot project in the country. In DNA we will tell you how digital currency is going to change the economy of the country.
Nov 01, 2022, 23:30 PM IST
Desh Superfast: RBI to launch digital rupee pilot from November 1
In this section, you will find the top news stories of the day. Segment Desh Superfast' is a part of Zee News' important news bulletins in which we cover all the important news.
Nov 01, 2022, 15:42 PM IST
RBI to launch pilot of Digital Rupee tomorrow for transactions in government securities
Digital Rupee Launch Date: The RBI also said the first pilot of the Digital Rupee - Retail segment is planned for launch within a month in select locations in closed user groups comprising customers and merchants.
Oct 31, 2022, 17:50 PM IST
RBI can’t give definite timeline for launch of Digital Rupee, says Shaktikanta Das
Das however added that the central bank cannot give a definite timeline as to when Digital Rupee will be released while cautioning investors that such assets have no underlying whatsoever, not even a tulip.
Feb 10, 2022, 15:13 PM IST
Big update on cashless transaction! RBI increases e-RUPI vouchers limit from Rs 10,000 to Rs 1 lakh
The e-RUPI pre-paid digital voucher developed by the NPCI was launched in August 2021. The single use cashless payment voucher had a cap of Rs 10,000.
Feb 10, 2022, 13:35 PM IST
Digital Rupee could debut by early 2023: Report
Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed 'digital rupee' soon.
Feb 06, 2022, 11:24 AM IST
What is a Digital Rupee and how it will fuel India’s growth? All you need to know
Digital Rupee will be issued by the Reserve Bank of India (RBI).
Feb 02, 2022, 10:30 AM IST
Budget 2022: As FM introduces 30% tax on virtual currency, does it indicate future of cryptocurrencies in India?
The decision to tax digital assets came as a major setback for the existing crypto investors in the next financial year and might discourage investments in cryptocurrencies.
Feb 02, 2022, 08:50 AM IST
Digital rupee to be issued by RBI using blockchain and other technologies, says FM Nirmala Sitharaman
The digital rupee will be a digital depiction of an Indian rupee supported by the Reserve Bank of India (RBI).
Feb 01, 2022, 12:08 PM IST
