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Reserve Bank of India

India’s UPI digital payment makes foray into UAE
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9 July, 2024

India’s UPI digital payment makes foray into UAE

Indians traveling to the UAE will soon be able to utilize the local UPI in POS terminals across the Gulf...
India’s retail CBDC usage drops amid growing UPI popularity
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3 July, 2024

India’s retail CBDC usage drops amid growing UPI popularity

With more locals utilizing UPI, India is struggling to promote its CBDCs, with both retail and wholesale CBDCs taking a...
Dealings in digital assets not illegal under Indian law, High Court rules
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25 June, 2024

Dealings in digital assets not illegal under Indian law, High Court rules

While India moves to regulate the digital asset space, a High Court ruled that digital currencies are not qualified as...
India registers fastest growth in Asia Pacific e-commerce payments, report shows
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19 June, 2024

India registers fastest growth in Asia Pacific e-commerce payments, report shows

Driven by the success of its UPI, India is emerging as a significant player in adopting non-cash, alternative payments in...
Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud
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15 June, 2024

Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud

As more transactions are done online, the risk of fraudulent activities increases, forcing the Reserve Bank of India to set...