Tag: digital rupee

Future of money has to be digital, no escape from that: Shaktikanta Das
Posted in Economy

Future of money has to be digital, no escape from that: Shaktikanta Das

Kolkata: Future of money has to be digital, there is no escape from that, Reserve Bank of India Governor Shaktikanta Das said at the G30…

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Posted in Finance

Canara Bank launches UPI Interoperable Digital Rupee mobile app

Canara Bank announced the launch of its UPI Interoperable Digital Rupee mobile application that allows users to pay with digital currency by scanning any merchant’s…

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digital rupee india: RBI in talks with leading global peers to promote digital rupee payments
Posted in Economy

digital rupee india: RBI in talks with leading global peers to promote digital rupee payments

Kolkata: The Reserve Bank of India (RBI) is in talks with other major global central banks to promote digital rupee for cross-border payments, Governor Shaktikanta…

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Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locations
Posted in Finance

Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locations

The Reserve Bank of India (RBI) wants to expand the ongoing pilot of the Central Bank Digital Currency (CBDC) and incorporate various use cases and…

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digital rupee: Digital currency has 50,000 users, 5,000 merchants: RBI
Posted in Economy

digital rupee: Digital currency has 50,000 users, 5,000 merchants: RBI

Mumbai: The recently launched retail central bank digital currency (CBDC) pilot has 50,000 users and 5,000 merchants, the RBI said on Wednesday. “We want the…

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Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Finance

eRupee can’t be turned into cash directly, for now

(This story originally appeared in on Jan 19, 2023) Mumbai: Currency notes cannot be directly exchanged for central bank digital currency (CBDC), or the eRupee….

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union budget 2023: Budget 2023: How to make RBI’s digital rupee a success
Posted in Finance

union budget 2023: Budget 2023: How to make RBI’s digital rupee a success

The Central Bank Digital Currency (CBDC) is a digital form of currency notes issued by a central bank. The Reserve Bank of India’s (RBI) retail…

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