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Reliance Retail, as the largest Indian retailer, serves as a fertile testing ground for digital rupee and can help build consumer awareness around it
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Reliance Retail, as the largest Indian retailer, serves as a fertile testing ground for digital rupee and can help build consumer awareness around it
Shaktikanta Das frowns on cryptocurrencies again, saying they should be "prohibited", while claiming that CBDC will be the norm in the future
Issued by RBI, CBDC is the digital form of the country’s fiat currency and will work like physical cash stored on mobile drives
The retail pilot of the e-rupee by the RBI will involve closed user groups comprising participating customers and merchants
India's central bank RBI has launched its pilot of the digital rupee (e-rupee), the country's own CBDC, in the wholesale segment
Protecting user privacy is more than just a technical question, and has "social and political" implications too, RBI says in the concept note
The RBI has termed cryptocurrencies as a speculative asset and warned that they pose a danger to India in the long run
RBI Deputy Governor T Rabi Shankar suggest that private crypto assets will have no purpose once CBDC is introduced in the economy.