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Reserve Bank of India
Reserve Bank of India launches country’s first retail CBDC pilot
Thirteen cities will be covered during the pilot, but at the start date, only Mumbai, New Delhi, Bengaluru, and Bhubaneswar...
India’s central bank to launch retail CBDC pilot in December
A number of commercial banks will participate in the project with RBI noting that each financial institution will test the...
Telangana gov’t partners with Reserve Bank of India for Web3.0 regulatory sandbox
The sandbox aims to help Web 3.0 startups innovate with blockchain, the metaverse, non-fungible tokens (NFTs), and other similar technologies.
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
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
India is eager to kickstart its CBDC trial, partnering with renowned fintech firms to ensure the success of the initiative,...
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