Reserve Bank of India

India to explore if digital rupee can reduce government securities trading fees
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3 November, 2022

India to explore if digital rupee can reduce government securities trading fees

The Reserve Bank of India expects the digital rupee would “pre-empt the need for settlement guarantee infrastructure or for collateral...
India central bank tests e-rupee to stifle digital assets effects
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12 October, 2022

India central bank tests e-rupee to stifle digital assets effects

One of the reasons the RBI explores the possibilities of a CBDC is its potential to improve cross-border payments while...
Reserve Bank of India in talks with global financial institutions, local banks on piloting CBDC
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10 September, 2022

Reserve Bank of India in talks with global financial institutions, local banks on piloting CBDC

India is eager to kickstart its CBDC trial, partnering with renowned fintech firms to ensure the success of the initiative,...
India awaits global recommendation to ban non-custodial wallets: report
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7 September, 2022

India awaits global recommendation to ban non-custodial wallets: report

The finance ministry and the Reserve Bank of India are reportedly in agreement that banning non-custodial digital asset wallets without...
Reserve Bank of India governor says investors heeding warnings against investing in digital assets
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28 August, 2022

Reserve Bank of India governor says investors heeding warnings against investing in digital assets

The Reserve Bank of India insisted on banning digital assets due to heightened risks, as it continues to warn potential...
India presses ahead with CBDC pilot run on wholesale business
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25 August, 2022

India presses ahead with CBDC pilot run on wholesale business

The adoption of CBDCs in India will be conducted in phases on FY 2022-2023, beginning with wholesale businesses, as the...
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