Reserve Bank of India Archives

India should go for basic version of its CBDC for now, central bank says

Business

Steve Kaaru

-

3 January, 2022

India should go for basic version of its CBDC for now, central bank says

A basic form of a digital rupee would provide a safe, robust, and convenient alternative to cash in liquidity and...

India to test digital rupee in Q1 2023: official

Business

Steve Kaaru

-

24 November, 2021

India to test digital rupee in Q1 2023: official

India plans to launch its first digital rupee pilot in first quarter of fiscal year 2023, with the slow implementation...

Fintech giant Paytm may offer digital asset trading if India legalizes them

Business

Steve Kaaru

-

9 November, 2021

Fintech giant Paytm may offer digital asset trading if India legalizes them

Paytm believes digital currency offers a lucrative opportunity but is hesitant to get into an industry that has yet to...

India digital currency law expected during budget in February 2022: officials

Business

Ed Drake

-

3 November, 2021

India digital currency law expected during budget in February 2022: officials

The latest iteration of the bill treats digital currency as a commodity, and the government has also pledged to set...

Digital currency in India: Is there hope for the industry?

Business

David Abel

-

13 September, 2021

Digital currency in India: Is there hope for the industry?

The Reserve Bank of India still maintained its stance that digital currencies can lead the country into financial stability, even...

India eyes December start for central bank digital currency trials

Business

David Abel

-

3 September, 2021

India eyes December start for central bank digital currency trials

The project will be the country's first digital currency trial initiative according to the 25th Governor of the Reserve Bank...

India taking first steps towards a digital rupee to fight ‘private’ virtual currencies

Business

Steve Kaaru

-

26 July, 2021

India taking first steps towards a digital rupee to fight ‘private’ virtual currencies

Rabi Sankar, deputy governor at the Reserve Bank of India, noted the need for India to keep pace with other...

India lawmakers to review bill banning digital currency

Business

Ed Drake

-

21 June, 2021

India lawmakers to review bill banning digital currency

The Cryptocurrency and Regulation of Official Digital Currency Bill was brought before parliament in early 2021, but the government failed...

Digital currencies not banned in India: central bank

Business

Steve Kaaru

-

4 June, 2021

Digital currencies not banned in India: central bank

The Reserve Bank of India recently clarified that digital currencies aren’t banned in India, which means that banks must refrain...

Reserve Bank of India warns banks to cut all ties with digital currency exchanges

Business

Steve Kaaru

-

18 May, 2021

Reserve Bank of India warns banks to cut all ties with digital currency exchanges

According to sources in India, the apex bank is warning commercial banks against servicing digital currency-related businesses, including exchanges and...

India’s Reserve Bank concerned digital currencies will impact financial stability

Business

Steve Kaaru

-

27 February, 2021

India’s Reserve Bank concerned digital currencies will impact financial stability

Reserve Bank of India Governor Shaktikanta Das said the central bank has “major concerns” regarding digital currencies.

India to explore blockchain, Bitcoin still not legal tender: finance minister

Business

Steve Kaaru

-

5 February, 2021

India to explore blockchain, Bitcoin still not legal tender: finance minister

Minister Anurag Singh Thakur recently clarified the government’s position on blockchain technology, the development of a digital rupee and the...

Reserve Bank of India

Recent

Trending

Most Views