Browsing Tag
e-rupee
RBI’s CBDC Can Now Be Accepted at Reliance General Insurance Through Yes Bank
Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the Reserve Bank of India's (RBI) Central Bank Digital Currency e-Rupee for premium payments.The company has tied up…
E-rupee worth over Rs 130 crore in circulation: Nirmala Sitharaman – Times of India
NEW DELHI: Digital or e-rupee worth over Rs 130 crore is in circulation on a pilot basis as of February 28, finance minister Nirmala Sitharaman said on Monday.The Reserve Bank of India (RBI) had launched pilots in digital rupeein the…
E-Rupee for Retail to Be Soon Piloted by 5 More Banks in 9 More Cities
Five more banks will join the pilot on the central bank digital currency or e-rupee for retail customers and the project will be extended to nine additional cities, the Reserve Bank said on Wednesday.The Reserve Bank of India, which began…
E-Rupee Cannot Be Converted Into Cash Yet, Says RBI Official
Last Updated: January 20, 2023, 10:42 ISTCircling back to digital currencies, countries like China, India, Nigeria and the Bahamas, have already rolled out digital currencies. Reserve Bank Of India will allow digital currency conversion…
‘India’s next financial crisis…’: RBI governor Shaktikanta Das’…
Bloomberg | | Posted by Singh Rahul Sunilkumar
Reserve Bank of India Governor Shaktikanta Das warned that failing to regulate cryptocurrencies could ignite the next financial crisis and urged the adoption of a new e-Rupee for digital…
Opinion: Digital Currency Needs To Feel Real. Here’s The Reason Why
<!-- -->Five years ago, central bank digital currencies were a curiosity. Now, they're a fad. More than 40 economies are running pilots or are in the pretrial development phase, in addition to the 11 already using them. With rising…
CBDC Transactions to Remain Anonymous ‘To a Certain Degree’: RBI
Transactions via central bank digital currencies (CBDC) would remain anonymous "to a certain degree", a top official at the Reserve Bank of India (RBI) said on Wednesday, adding that technology and legal provisions can be explored to ensure…
RBI to launch India’s first pilot for retail digital currency, e-rupee, on December 1
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…