Tag: digital rupee
Posted in Economy
RBI to explore CBDC pilot in cross-border transactions
Mumbai: The Reserve Bank will explore the use of CBDC in cross-border transactions besides expanding the digital rupee to more direct benefit transfer schemes and…
Posted in Economy
India’s digital currency push targets its leaky welfare system
PHULENAGAR/MUMBAI: In the western Indian village of Phulenagar, Samadhan Sonawane set up a drip irrigation system on his small onion farm using digital currency issued…
Posted in Economy
RBI proposes linking BRICS’ digital currencies, sources say
India’s central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which…