“The Subhadra scheme was the first government programme to distribute funds using the digital rupee. Following the success in ...
Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster ...
MUMBAI: RBI governor Sanjay Malhotra met fintech firms, payment system operators, their associations, and self-regulatory ...
India's crypto market is witnessing a breathtaking boom, even as the government stays guarded. Stringent taxation, regulatory ...
The digital rupee can coexist with cryptocurrencies if policies differentiate their respective uses—CBDCs for sovereign ...
Supported by major players in the market including HDFC Bank and PayPal, Mintoak focuses on merchant payment services for lenders. With the acquisition of Digiledge, Mintoak can now provide a greater ...
The Promise of CBDC and Gift City’s Role. Is the Digital Rupee ready for real-world testing? At a time when countries like China and the European Union are pioneering their own ...
digital payments, and financial inclusion. Routine Currency Updates and Stability The issuance of new banknotes is part of the RBI’s broader responsibility of maintaining confidence in India’s ...