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digital rupee

India central bank turns to cross-border functionality despite advocating for cautious CBDC development
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5 July, 2023

India central bank turns to cross-border functionality despite advocating for cautious CBDC development

The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
Reserve Bank of India targets 1M CBDC users before end of June 2023
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15 June, 2023

Reserve Bank of India targets 1M CBDC users before end of June 2023

To prevent shocking its financial system, the central bank says it will take a "calibrated approach" in launching the digital...
Reserve Bank of India’s deputy governor wants to promote CBDCs
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10 May, 2023

Reserve Bank of India’s deputy governor wants to promote CBDCs

Rabi Sankar, deputy governor of the Reserve Bank of India, said the ideal way out of the digital currency dilemma...
Russia wants BRICS nations to explore new trade currency
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4 April, 2023

Russia wants BRICS nations to explore new trade currency

India and Russia should take the lead in forming a financial relationship to ultimately create a new common currency, according...
India considers offline functionality of CBDC: RBI
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8 March, 2023

India considers offline functionality of CBDC: RBI

Reserve Bank of India Executive Director Ajay Kumar Choudhary said that since the CBDC will have all features of physical...