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Reserve Bank of India

India digital currency sector hopeful of regulation during Feb 1 budget presentation
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28 January, 2022

India digital currency sector hopeful of regulation during Feb 1 budget presentation

India's Finance Minister Nirmala Sitharaman will read the budget on February 1, and many are hopeful that she'll talk digital...
India’s central bank sets up fintech department to oversee CBDC development
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13 January, 2022

India’s central bank sets up fintech department to oversee CBDC development

The department will promote innovation and aid policy interventions by the central bank while also overseeing the advancement of a...
India should go for basic version of its CBDC for now, central bank says
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3 January, 2022

India should go for basic version of its CBDC for now, central bank says

A basic form of a digital rupee would provide a safe, robust, and convenient alternative to cash in liquidity and...
India to test digital rupee in Q1 2023: official
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24 November, 2021

India to test digital rupee in Q1 2023: official

India plans to launch its first digital rupee pilot in first quarter of fiscal year 2023, with the slow implementation...
Fintech giant Paytm may offer digital asset trading if India legalizes them
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9 November, 2021

Fintech giant Paytm may offer digital asset trading if India legalizes them

Paytm believes digital currency offers a lucrative opportunity but is hesitant to get into an industry that has yet to...
India digital currency law expected during budget in February 2022: officials
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3 November, 2021

India digital currency law expected during budget in February 2022: officials

The latest iteration of the bill treats digital currency as a commodity, and the government has also pledged to set...
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