“The Subhadra scheme was the first government programme to distribute funds using the digital rupee. Following the success in ...

announced allowing non-bank payments players into central bank digital currency (CBDC) pilots, two private fintech firms, CRED and MobiKwik, have opened e-rupee wallets for their users in ...

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 ...

Mintoak acquires Digiledge to enhance CBDC payments. Learn how this move impacts e-rupee adoption and digital payments in India.

PayPal and HDFC Bank backed Mintoak has completed the acquisition of Digiledge, which specialises in CBDC and bill payments services ...

The Mumbai-based Mintoak said the deal will enable its partners like HDFC Bank, Axis Bank and SBI to offer more comprehensive CBDC-related payment services.

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

In December 2022, the Reserve Bank of India (RBI) had started a pilot for the CBDC, also known as the e-rupee; Basically a digital alternative to physical currency.(Reuters) This deal worth around ...

The Reserve Bank of India started a pilot for the CBDC, or e-rupee, a digital alternative to physical currency, in December 2022, and last April, it expanded the scope of transactions to payment ...