Money Talks: India's Luxury Market Expected to Surge to Rs 82,186 crore by 2027; BT Magazine’s The Point Decodes Key Figures What will happen if US govt shuts down? PM Modi 73rd birthday: PM ...

What's happening to the CBDC? Although the RBI has vehemently opposed cryptocurrency, its own Central Bank Digital Currency (CBDC), which had been launched as a pilot project on December 1 ...

The Central Bank Digital Currency (CBDC), also referred ... was included in the RBI's CBDC project and swiftly launched the service. US and CBDC US President Donald Trump has recently approved ...

With the use of central bank digital currency (CBDC) remaining low, the Reserve Bank of India (RBI) is now exploring cash transfer schemes by state governments as a means to promote the digital rupee.

RBI yet again urged retail investors to ... and finality of settlements. The digital currency was launched in India on a pilot basis, both in the wholesale and retail categories, in November ...

Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster ...

in recognition of its groundbreaking digital initiatives, Pravaah and Sarthi. Both platforms were developed by RBI’s in-house tech team, reflecting the bank’s commitment to innovation and operational ...

Mumbai: Nine months after the Reserve Bank of India (RBI) announced allowing non-bank payments players into central bank digital currency (CBDC ... customers, has launched a beta version of ...

RBI has launched the Finquery portal to facilitate ... The central bank is also focused on expanding use cases for the central bank digital currency. Bank of Baroda recently introduced a model ...

for its digital initiatives, Sarthi and Pravaah. These systems have modernized the RBI’s operations, making it one of the most digitally advanced central banks globally. Sarthi, launched in ...