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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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RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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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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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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RBI to launch pilot of retail digital rupee on Dec 1

The Reserve Bank on Tuesday said it will launch the first pilot for retail digital rupee (e₹-R) on …

PTI   


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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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Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap

For the first time since 2002 – that’s 20 years – currency in circulation has declined during…

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Indian e-rupee to boost digital payments sans bank accounts, say industry stakeholders

The rollout of the e-rupee has been one of the most sought-after developments, since its announc…

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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, 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 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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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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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 tightens norms for Chinese lending apps

Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…