
Reserve Bank of India
India, UAE central banks collaborate on CBDCs with cross-border features
Building on their individual plans to improve the payments system, the central banks of India and the United Arab Emirates...
India expects digital currency firms to comply with national money laundering legislation
Firms offering digital currency services in India are now covered by the PMLA of 2002, under which they are mandated...
India considers offline functionality of CBDC: RBI
Reserve Bank of India Executive Director Ajay Kumar Choudhary said that since the CBDC will have all features of physical...
Reserve Bank of India: CBDC will not replace other payment methods despite initial successes
RBI's Deputy Governor Rabi Sankar assured that existing payment services in India will remain and that exploring use cases of...
India explores cross-border payment functionality with Singapore
The UPI-PayNow integration will provide a seamless cross-border transaction between India and Singapore, with citizens of both nations being able...
India in ‘no hurry’ for CBDC development despite notching huge milestones
India’s digital rupee pilot already had over 50,000 users and 5,000 merchants, but despite the impressive numbers, the Reserve Bank...
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