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"Digital Rupee"

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Subhadra first govt scheme to offer digital rupee payment

Subhadra Yojana in Odisha provides women with Rs 10,000 annually in Central Bank Digital Currency (CBDC). Launched by PM Narendra Modi, the scheme ensures direct deposits into beneficiaries' bank..
IndiaTimes - Published

Digital rupee to get boost from offline feature: RBI governor Shaktikanta Das


IndiaTimes - Published

'Digital rupee can be used for overseas payments'


IndiaTimes - Published

RBI announces offline transactions for Digital Rupee; here’s what new CBDC move means

CBDCs enable instant and direct transactions between an Indian importer and an American exporter. The transaction is as final as if cash were exchanged, without relying on the US Federal Reserve system..
IndiaTimes - Published

Explained: What are RBI's CBDC e-rupee and wallets? All you need to know about digital rupee

India's CBDC e?: A digital wallet linked to banks, serving as a digital representation of physical cash.
DNA - Published

RBI, Banks Plan New Features To Boost Digital Currency, e-rupee, Soon

Retail CBDC transactions are averaging close to 18,000 a day, way short of the RBI's one million-a-day target by 2023 end. The features include allowing digital rupee transactions when a customer is..
Zee News - Published

RBI likely to start digital rupee pilot in call money market by October

The wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched in November 2022 for the settlement of secondary market transactions in government securities. The RBI has already rolled..
IndiaTimes - Published

List Of Banks That Allow Digital Rupee Interoperable With UPI

The e₹-R would be in the form of a digital token that represents legal tender, distributed through intermediaries, i.e., banks. It would be issued in the same denominations that paper currency and..
Zee News - Published

SBI launches initiative to promote digital rupee usage via UPI

SBI promotes digital rupee via UPI, linking it with CBDC, aiming to boost digital currency adoption.
DNA - Published

SBI allows UPI interoperability with digital Rupee for seamless transactions


newKerala.com - Published

Good News For SBI Digital Rupee Users! Now Scan Any Merchant UPI QR Code For Transactions, SBI UPI interoperability

SBI has announced that it has implemented UPI interoperability in its Digital Rupee (e₹)  also called as Central Bank Digital Currency (CBDC). 
Zee News - Published

India: India's Journey Into Central Bank Digital Currencies - PANDA Law

India's journey into the realm of CBDCs took a decisive leap with the Reserve Bank of India pioneering the country's first-ever Digital Rupee.
Mondaq - Published

RBI's Retail Pilot Of The Digital Rupee Goes Live In India's 4 Metro Cities

As per CBDC tracker, almost 105 countries representing 95 percent of the world's GDP have taken steps to inculcate digital currency in their ecosystem.
Zee News - Published

E-rupee worth over Rs 130 crore in circulation: Nirmala Sitharaman

Nine banks, viz., State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, have been participating in the digital rupee..
IndiaTimes - Published Also reported by •Zee News

RBI Digital Rupee: E-Rupee to be Piloted by 5 More Banks in 9 More Cities Soon

The CBDC is expected to make the inter-bank market more efficient and settlements in e-rupee can reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for..
Zee News - Published

Reliance Retail, Innoviti Technologies, ICICI Bank & Kotak Mahindra Bank partner to enable acceptance of 'Digital Rupee - Retail'


newKerala.com - Published

Reliance Retail begins accepting govt's digital rupee for sales


newKerala.com - Published

Digital Rupee cannot be exchanged for cash, only bank deposits will be used to issue eRupee: Report

Anuj Ranjan, the top general manager of the RBI's fintech division, reportedly stated that the pilot project has moved pretty nicely in a closed-user group and that the number of users is gradually..
Zee News - Published