The Reserve Bank of India (RBI) is set to broaden the reach of its digital rupee pilots by introducing new use cases and ...

This video breaks down the RBI’s digital rupee initiative and its potential impact on global finance, especially against the powerful SWIFT network.

The Reserve Bank of India (RBI) is working on the launch of India’s CBDC, the Digital rupee. Digital Rupee, also called E-Rupee, denominated as e₹ or eINR, is a tokenised digital version of ...

India’s RBI will test the digital rupee for cross-border payments in its next CBDC phase, after a 334% rise in circulation and mixed retail uptake.

Commonly known as the digital rupee, it will be exchangeable at par with existing currencies and will be considered acceptable for payments and a safe store of value. Also being called the e₹ or ...

India has taken a big step in this direction with Digital Rupee or Central Bank Digital Currency (CBDC) vision. Cash being in short supply and digital payments the new norm, the Reserve Bank of ...

This assurance was necessary since anonymity will be the principal differentiator between the digital rupee and other forms of payments such as UPI, NEFT, IMPS etc. The central bank will issue ...

The digital rupee would be in the form of a digital token that represents legal tender, the RBI said. It would be issued in the same denominations that paper currency and coins are currently issued.