India’s central bank revealed that 16 local banks are participating in the pilot but says it’s still finetuning features such...
The RBI plans to create a public repository of digital lending applications deployed by banks and financial institutions, which are...
The RBI plans to introduce a facility of 'delegated payments' in the UPI to boost digital payments in the country,...
India’s UPI has emerged as the most preferred method of retail payments, with a 79.6% share in total volumes of...
Thanks to the development of seamless payment networks, India's e-commerce and digital trade ecosystem is flourishing, with the Reserve Bank...
According to RBI Governor Shaktikanta Das, "The financial landscape in India is undergoing a structural transformation," driven by technological innovations...
India is seeing a spike in the adoption of digital payments among merchants operating small stores and consumers paying items...
Utilizing UPI payments in Qatar through the QNB merchant network is expected to significantly benefit Indian tourists visiting the country.
With more locals utilizing UPI, India is struggling to promote its CBDCs, with both retail and wholesale CBDCs taking a...
It will take quite some time before India sees the "full-fledged" launch of its CBDC as the RBI insists on...
Reserve Bank of India achieves a significant milestone as the digital rupee pilot surpasses 1 million daily transactions, but controversies...
Under the wholesale CBDC pilot, the RBI will test the viability of atomic settlements using blockchain plus the additional functionality...