Reserve Bank of India
Digital payments made up 99.8% of India’s transaction volume: RBI
Meanwhile, the WHO partners with the Kenyan Ministry of Health to digitize payments for frontline health workers in the East...
RBI eyes market transformation with CBDC-based tokenization
India's central bank plans to use its wholesale CBDC to tokenize financial assets and settlements, aiming to make markets more...
India eyes CBDC, restates opposition against unbacked ‘crypto’
India will launch an RBI-backed digital currency that uses blockchain to make transactions faster, safer, more transparent, and less dependent...
India’s UPI may soon bring cardless cash withdrawals
UPI cash withdrawals may soon be available at 2 million BC locations in India, enhancing digital payments and accessibility for...
Hype around AI must not eclipse risk management: RBI
M Rajeshwar Rao of the RBI stresses cautious, responsible AI adoption in banking, emphasizing human oversight, data privacy, and risk...
India adopts stablecoins, shifting to digital currency strategy
India's finance minister highlights the growing importance of stablecoins, emphasizing their potential to reduce remittance costs significantly.
