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Reserve Bank of India

India expands CBDC project; plans programmability, offline use
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14 February, 2024

India expands CBDC project; plans programmability, offline use

In its monetary policy statement of 2024, the Reserve Bank of India revealed that it is looking to enable additional...
India’s CBDC pilot hits 1 million daily transactions amid controversy
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6 January, 2024

India’s CBDC pilot hits 1 million daily transactions amid controversy

Reserve Bank of India achieves a significant milestone as the digital rupee pilot surpasses 1 million daily transactions, but controversies...
India pushes for digital rupee in 2023 as provincial governments explore blockchain use cases
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28 December, 2023

India pushes for digital rupee in 2023 as provincial governments explore blockchain use cases

India is shaping to become a major player in the blockchain space, gradually embracing the technology and exploring its endless...
Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features
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7 December, 2023

Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features

India is eyeing a collaboration with U.S. Federal Reserve and HKMA for cross-border CBDC functionality to enhance international remittances and...
India full-scale wholesale CBDC launch may happen in early 2024: report
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14 November, 2023

India full-scale wholesale CBDC launch may happen in early 2024: report

After the successful pilot, the Reserve Bank of India may launch a full-scale wholesale central bank digital currency in January...