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Feb 20, 20241 min read
Indian Payments Authority executive supports RBI’s efforts in CBDC development
Dilip Asbe, the managing director of the National Payments Corporation of India (NPCI), recently voiced his support for the RBI
Feb 2, 20241 min read
India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s CBDC
Jan 5, 20241 min read
India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
India's central bank digital currency, the digital rupee, crossed a million transactions in a day on Dec. 27, 2023 – but with at least
Oct 27, 20231 min read
Indian Banks Offer Rewards to Encourage Digital Rupee Adoption
Indian banks are actively promoting the adoption of the central bank digital currency (CBDC), digital-rupee, by offering a range of incentiv
Oct 21, 20231 min read
India's Central Bank Launches Wholesale CBDC Pilot For Inter-Bank Borrowing
The Reserve Bank of India has initiated a wholesale Central Bank Digital Currency (CBDC) pilot program for inter-bank borrowing.
Sep 4, 20231 min read
Indian central bank-backed NPCI begins blockchain recruitment
The National Payments Corporation Of India (NPCI) — an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies
Sep 4, 20231 min read
State Bank of India Introduces UPI Integration for Digital Rupee
India's largest public sector bank, State Bank of India (SBI), has introduced UPI (Unified Payments Interface) interoperability with Digital
Sep 2, 20231 min read
Digital rupee gets big usability boost through Yes Bank integration with UPI
The Yes Bank app’s UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch
Jul 29, 20231 min read
CoinSwitch in talks with RBI, SEBI to launch financial products, exploring NBFC licence
Crypto investment platform CoinSwitch is actively talking to market regulator Securities and Exchange Board of India (SEBI) and RBI
Jul 15, 20231 min read
HDFC Bank Onboards Over 1 Lakh Customers, 1.7 Lakh Merchants On Digital Currency Pilot
The largest private sector lender HDFC Bank on Thursday claimed that it has on-boarded over 1 lakh customers
Jun 1, 20231 min read
India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks
The Reserve Bank of India (RBI) is trying to expand the global narrative around cryptocurrencies beyond "financial stability and integrity
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