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Digital Rupee

India: Central bank-backed NPCI seeks blockchain expert for Web 3.0 ventures
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7 September, 2023

India: Central bank-backed NPCI seeks blockchain expert for Web 3.0 ventures

The National Payments Corporation of India (NPCI) is hiring a Head of Blockchain with blockchain expertise to enhance payments through...
Mukesh Ambani’s Reliance Industries enters blockchain and CBDC space
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2 September, 2023

Mukesh Ambani’s Reliance Industries enters blockchain and CBDC space

Reliance's Jio Financial Services to enter digital rupee space with blockchain and CBDCs ahead of India's CBDC launch.
India’s HDFC bank onboards 100,000 users for digital rupee pilot
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21 July, 2023

India’s HDFC bank onboards 100,000 users for digital rupee pilot

HDFC, India's largest private sector bank, has also onboarded 170,000 merchants as India seeks to hit a million daily transactions...
India central bank turns to cross-border functionality despite advocating for cautious CBDC development
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5 July, 2023

India central bank turns to cross-border functionality despite advocating for cautious CBDC development

The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
Reserve Bank of India targets 1M CBDC users before end of June 2023
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15 June, 2023

Reserve Bank of India targets 1M CBDC users before end of June 2023

To prevent shocking its financial system, the central bank says it will take a "calibrated approach" in launching the digital...
Reserve Bank of India’s deputy governor wants to promote CBDCs
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10 May, 2023

Reserve Bank of India’s deputy governor wants to promote CBDCs

Rabi Sankar, deputy governor of the Reserve Bank of India, said the ideal way out of the digital currency dilemma...
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