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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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3 mins read

RBI gets set to float it's digital currency -- check details here

​​​The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever…

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2 mins read

RBI to soon launch app to enable retail investors to participate in govt bonds

The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…

PTI   


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4 mins read

CBDC trial a landmark moment in the history of money: Shaktikanta Das

Reserve Bank of India governor Shaktikanta Das today announced that retail central bank digital cur…

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CBDC: RBI to soon start pilot launch of e-rupee for specific use cases

The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use …

PTI   


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India’s digital rupee may not necessarily be on the blockchain, according to the country’s central bank

India’s upcoming digital rupee may not necessarily use blockchain technology for RBI’s central bank…

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RBI governor still has not thawed on ‘private’ cryptocurrencies — compares crypto hype to ‘tulip mania’

RBI governor Shaktikanta Das claims that cryptocurrencies have no underlying value, not even worth …

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Bitcoin could form the backbone for CBDCs, according to a new report

Environmental concerns around Bitcoin have been well documented, but it is still the most valuable …

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2 mins read

India’s central bank appoints department to regulate crypto exchange, formulate CBDCs

The report also said that the bank is working on two kinds of CBDCs — wholesale and retail — and…

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2 mins read

No crypto ban in India — SEBI will reportedly be pulled in to regulate the sector

The Indian government is not looking to ban cryptocurrencies, but to regulate them as ‘assets’. All…

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2 mins read

RBI Governor asks fintech players to form self regulatory organisation

Fintech players should form a self regulatory organisation for an orderly growth of the industry th…

PTI   


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India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned

Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …

Hamza Fareed Malik   


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4 mins read

India finally explains its problem with private cryptocurrencies and why it is coming up with its own CBDC

“Usually, certainly for the most popular ones now, they do not represent any person’s debt…

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3 mins read

What you need to know about Facebook’s Diem cryptocurrency

On May 12, the Diem Association announced plans to launch a stablecoin backed by the US dollar. …

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6 mins read

India’s digital currency to be launched in FY23 to be cost effective, transparent and secure

The central bank digital currency (CBDC) is about to be launched this financial year in FY23, finan…

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1 min read

Cryptocurrencies equivalent to gambling: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies ar…

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1 min read

RBI to launch the nation's first digital rupee pilot project for the wholesale segment today

The central bank further informed that "the first pilot in Digital Rupee - Retail segment (ea,…

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1 min read

RBI's digital currency platform data may help enforce black money laws

Finance Minister Nirmala Sitharaman had announced in her budget speech in February that the RBI …

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2 mins read

Rupee has behaved in an orderly manner, says RBI Governor

With the rupee witnessing a downward spiral for the past several weeks, even crossing the 83 mark a…

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4 mins read

Indian banking will maintain its growth momentum: South Indian Bank MD & CEO

Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI),…