
Reserve Bank of India
India makes strides in CBDC use cases in 2024
While India has set no target date for a CBDC rollout, throughout 2024, the country explored its digital rupee extensively,...
India’s UPI sees phenomenal growth as digital payments soar
India's digital payments ecosystem flourished in 2024 with the growing popularity of UPI in daily transactions not just within the...
RBI sees CBDC as future of money; eyes nationwide rollout of ULI
RBI's outgoing governor, Shaktikanta Das, sees that CBDC will likely become the future of money, while his successor looks at...
RBI rolls out AI-based model to tackle digital frauds
The MuleHunter.AI model is expected to help banks deal with the issue of mule bank accounts, a typical tactic fraudsters...
RBI sets up expert committee for ethical AI framework
As artificial intelligence gains a foothold in India, the central bank focuses its efforts on crafting an adaptable and ethical...
RBI grants credit lines through UPI to small finance banks
The RBI has allowed small finance banks to extend pre-sanctioned credit lines through the UPI to extend "financial inclusion" and...
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