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Reserve Bank of India
Indian banks offer incentives to lift e-rupee use as wholesale CBDC usage plunges
Local banks are actively offering cashbacks and reward points to woo customers into using the wholesale CBDC following a significant...
India’s market watchdog suggests multiple regulator supervision for digital assets
While the RBI looks to ban stablecoins after imposing the harshest taxation on digital asset trading to regulate the market,...
India eyes extension of CBDC pilots to money market instruments, securities tokenization
Apart from piloting India's CBDC in commercial papers and certificates of deposits, the Reserve Bank of India is also looking...
India’s central bank allows non-banking payment operators to offer CBDC wallets
India's central bank is doubling down on its CBDC initiatives, announcing plans to make the digital rupee more accessible to...
Reserve Bank of India gives no specific timeline for ‘full-fledged’ e-rupee launch
It will take quite some time before India sees the "full-fledged" launch of its CBDC as the RBI insists on...
India expands CBDC project; plans programmability, offline use
In its monetary policy statement of 2024, the Reserve Bank of India revealed that it is looking to enable additional...
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