India Fintech Foundation (IFF) was officially launched at Startup Mahakumbh as a proposed self-regulatory organization for ...

Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. Central banks worldwide are accelerating retail CBDC (central bank digital currency ...

The RBI had initiated the repo rate-cut cycle in February. The repo rate was cut by 25 basis points (bps) to 6.25% from 6.5% on February 7, 2025. US Fed Chair Jerome Powell’s comments on the ...

The Reserve Bank of India (RBI) on Thursday (March 20, 2025) said it has appointed Indranil Bhattacharyya as executive director (ED). As executive director, Mr. Bhattacharyya will look after the ...

With the US Fed on hold, will RBI ease further? After cutting the repo rate to 6.25% last month, the first in nearly five years, markets are watching for the central bank's next move. Listen to Story ...

South Korea is gradually exploring the Web3 ecosystem The BoK is said to have been working on its CBDC since 2020 The trial will test if CBDC can be a payment alternative ...

The ECB, like central banks in other developed economies around the world, is exploring the possibility of introducing a central bank digital currency (CBDC). Addressing the competition posed by ...

Let us look at how transmission of rate action from the RBI percolates to the ground. The repo rate is the rate at which the RBI lends money to banks if required, one day at a time. When the RBI ...

The Bank of Korea will launch a pilot program to test its central bank digital currency (CBDC) in real-world transactions from April to June, the central bank said on March 18. The pilot, named ...

A Kerala-based green startup, Green Worms, along with Circularity Innovation Hub India, has initiated a revolutionary circular economy initiative that combines Circularity Credits with Reserve Bank of ...