Search Results for: Shaktikanta Das

India’s digital trade could reach $2.4T by 2047 as digital trade popularity soars: RBI
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8 August, 2024

India’s digital trade could reach $2.4T by 2047 as digital trade popularity soars: RBI

Thanks to the development of seamless payment networks, India's e-commerce and digital trade ecosystem is flourishing, with the Reserve Bank...
From street vendors to large stores, Indian merchants adopt digital payments: survey
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17 July, 2024

From street vendors to large stores, Indian merchants adopt digital payments: survey

India sees a rise in digital payments for small stores and purchases over $6, but growing fraud may hinder this...
India’s NPCI, QNB Group to introduce UPI payments in Qatar
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16 July, 2024

India’s NPCI, QNB Group to introduce UPI payments in Qatar

Utilizing UPI payments in Qatar through the QNB merchant network is expected to significantly benefit Indian tourists visiting the country.
India’s Tata Consultancy Services, Sweden’s Crunchfish to deploy ‘Quartz solution’ for offline CBDCs
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4 July, 2024

India’s Tata Consultancy Services, Sweden’s Crunchfish to deploy ‘Quartz solution’ for offline CBDCs

The partnership between Crunchfish and Tata Consultancy Services will utilize the Quartz solution for CBDCs with offline payments enabled by...
India’s retail CBDC usage drops amid growing UPI popularity
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3 July, 2024

India’s retail CBDC usage drops amid growing UPI popularity

With more locals utilizing UPI, India is struggling to promote its CBDCs, with both retail and wholesale CBDCs taking a...
Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud
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15 June, 2024

Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud

As more transactions are done online, the risk of fraudulent activities increases, forcing the Reserve Bank of India to set...
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