When it comes to CBDC, RBI seems to have taken Edward Hickson's 1840 moral song, 'Perseverance, Or Try Again', to heart: 'If at first you don't succeed, try, try, try again.' Launched in late 2022 ...

With the use of central bank digital currency (CBDC) remaining low, the Reserve Bank of India (RBI) is now exploring cash transfer schemes by state governments as a means to promote the digital rupee.

Mumbai: Nine months after the Reserve Bank of India (RBI) announced allowing non-bank payments players into central bank digital currency (CBDC) pilots, two private fintech firms, CRED and ...

What's happening to the CBDC? Although the RBI has vehemently opposed cryptocurrency, its own Central Bank Digital Currency (CBDC), which had been launched as a pilot project on December 1 ...

Last month, non-banks such as MobiKwik and Cred received the nod to roll out an e₹ wallet for their users nearly a year after the Reserve Bank of India (RBI) proposed to make CBDC-R (CBDC-Retail ...

The Reserve Bank of India (RBI) has stated that it would implement its central bank digital currency (CBDC) plans via a graded approach and in step with the country's monetary policy. RBI’s ...

Bank of Baroda Ltd., under the guidance of Reserve Bank of India (RBI) and in collaboration with ... of the Central Bank Digital Currency (CBDC) – the “Merchant Loyalty/Cashback Programme ...

MUMBAI (Reuters) - The Reserve Bank of India (RBI) is working with lenders to introduce new features to popularise the central bank digital currency (CBDC), the so-called e-rupee, according to six ...