Digital Rupee

There are a few personal finance-related changes in December that one should be aware of because they will directly affect one’s finances. Here are 5 improvements to the financial system that will be effective from December. In a historic…

India's digital rupee CBDC, officially stepped into its retail trial period in four cities — New Delhi, Mumbai, Bengaluru, and Bhubaneswar, on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the…

<!-- -->The digital rupee would appear as a liability on RBI's balance sheet.(Representational)New Delhi: The retail digital rupee makes its debut today. As the four banks selected by the Reserve Bank of India…

The Reserve Bank of India (RBI) is on Thursday (December 1) launching the first pilot for retail digital rupee (e₹-R) in New Delhi, Mumbai, Bengaluru and Bhubaneswar. It will later expand the same to nine more cities in the initial phase.…

India's central bank RBI will launch the country's first pilot for a retail e-rupee on December 1st (Tuesday). The e-rupee will be the Reserve Bank of India's version of the central bank digital currency (CBDC) and will cover select…

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Less than a month after the digital rupee’s trial in the wholesale segment, the Reserve Bank of India (RBI) on Tuesday announced to launch the first pilot of retail digital rupee (e₹-R) on December 1. This significant announcement will…

<!-- -->The retail digital rupee would offer features of physical cash like trust and settlement finality.(File)New Delhi: The Reserve Bank of India (RBI) today announced that the retail digital rupee will be launched on December 01,…

The Reserve Bank of India (RBI) is expanding the use cases of its digital rupee CBDC. Starting December 1, the testing for the Indian CBDC for retail purposes will kickstart in select regions in the country. Built on blockchain, the digital…

<!-- -->Retail digital rupee can, however, be converted into deposits with banks that earn interest. (File)New Delhi: Users can carry out transactions through digital wallets; only those digital wallets…