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.

In a post on X, the Reserve Bank of India (RBI) said it has been selected for the Digital Transformation Award 2025 by Central Banking, London, UK. PTI Last Updated : 16 March 2025, 10:36 IST ...

RBI Governor Sanjay Malhotra discussed plans to promote cross-border digital payments through innovation and soft-touch regulations. The initiative aims to make transactions more efficient and create ...

MUMBAI: RBI governor Sanjay Malhotra met fintech ... The central bank is also focused on expanding use cases for the central bank digital currency. Bank of Baroda recently introduced a model ...

RBI, in a post on X said , "The Reserve Bank of India has been selected for the Digital Transformation Award 2025 by Central Banking, London, UK. RBI was awarded and recognised for its ...

Mumbai: Nine months after the Reserve Bank of India (RBI) announced allowing non-bank payments players into central bank digital currency (CBDC ... digital and email marketing and in-app ...

India has promoted rupee-based trade settlements with key partners The RBI is developing a central bank digital currency (CBDC), part of a process that has seen the country depend less on physical ...