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You Searched For "RBI to launch digital rupee pilot project" and got 20 results


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Global Web 3 platforms launch Open Metaverse Alliance

Global Web 3 platforms have launched the Open Metaverse Alliance for Web 3 (OMA3) to solve the inte…

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RBI, government working in complete harmony on crypto: Nirmala Sitharaman

"With RBI & Ministry, not just on crypto but on every other thing as well, I think there's c…

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E-rupee worth over ₹130 crore is in circulation says FM Sitharaman

Digital or e-rupee worth over Rs 130 crore is in circulation on a pilot basis as of February 28, fi…

PTI   


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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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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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ASSOCHAM urges RBI not to hike repo rate beyond 25-35 bps

ASSOCHAM has also requested the RBI to treat retail loans for purchase of electric vehicle (EV) …

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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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A non-profit will launch 5 pilot programs over the next year to test the viability of a central bank digital currency in the US

The initiative - backed by Accenture - was launched last year to look into potential advantages of …

Isabelle Lee   


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Moody's cuts India's growth projection for 2022 to 7% on global slowdown, rising rates

Moody's on Friday slashed India's GDP growth projection to 7 per cent for 2022, saying that global …

PTI   


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The Fed's lack of innovation with the dollar means China, India, and others will dominate the digital currency race

US policymakers are miscalculating the resources it takes to keep up with rival digital currencies,…

Phil Rosen   


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Blockchain-based digital rupee will be a reality before March 2023 confirms Finance Minister Nirmala Sitharaman

Digital Rupee, using blockchain, will be launched by the Reserve Bank of India (RBI) by 2023, said …

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India’s Finance Minister Nirmala Sitharaman says she expects the central bank to roll out the country’s digital currency this year

The Indian government expects the Reserve Bank of India (RBI) to roll out its digital currency this…

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SBI Ecowrap revises FY23 annual GDP growth rate projection to 6.8%

"The downward revision is mostly to do with our Q1GDP estimate that was at 15.7 per cent," the r…

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India will launch a digital rupee in the next year and plans a 30% tax on crypto-related income, according to the finance minister

India's finance minister announced the creation of a digital rupee and a new crypto tax plan as the…

Adam Morgan McCarthy   


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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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Petrol pumps are again the favourite hunting ground to dump Rs 2,000 notes

One of the major benefits of the Centre's decision to withdraw the Rs 2,000 currency note might be …

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RBI rolls out UPI for feature phones — you will no longer need a smartphone or internet to make payments digitally

The UPI payment system was limited to smartphones with internet connectivity till now. While UPI…

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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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Facebook to start pilot runs for its digital currency ‘Diem’ this year, says report

Diem is an independent group organised by Facebook, with other association members including A…

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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),…