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digital rupee

India’s CBDC has 5M users, RBI in ‘no rush’ to launch it
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28 August, 2024

India’s CBDC has 5M users, RBI in ‘no rush’ to launch it

India’s central bank revealed that 16 local banks are participating in the pilot but says it’s still finetuning features such...
Reserve Bank of India: CBDCs may reduce availability of cash deposits with banks
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7 August, 2024

Reserve Bank of India: CBDCs may reduce availability of cash deposits with banks

CBDCs may have the potential to be the future of money, but the Reserve Bank of India points out the...
India’s Tata Consultancy Services, Sweden’s Crunchfish to deploy ‘Quartz solution’ for offline CBDCs
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4 July, 2024

India’s Tata Consultancy Services, Sweden’s Crunchfish to deploy ‘Quartz solution’ for offline CBDCs

The partnership between Crunchfish and Tata Consultancy Services will utilize the Quartz solution for CBDCs with offline payments enabled by...
India’s central bank allows non-banking payment operators to offer CBDC wallets
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11 April, 2024

India’s central bank allows non-banking payment operators to offer CBDC wallets

India's central bank is doubling down on its CBDC initiatives, announcing plans to make the digital rupee more accessible to...
Reserve Bank of India gives no specific timeline for ‘full-fledged’ e-rupee launch
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7 March, 2024

Reserve Bank of India gives no specific timeline for ‘full-fledged’ e-rupee launch

It will take quite some time before India sees the "full-fledged" launch of its CBDC as the RBI insists on...