Showing results for "#CBDC"
India in talks to lighten load on remittances: RBI DG
As per the World Bank’s remittance prices worldwide database, the global average cost of a retail size of remittance was 6.2 per cent in the fourth...
RBI to soon launch e-rupee on pilot basis for limited use
“Supported by state-of-the-art payment systems of India that are affordable, accessible, convenient, efficient, safe and secure, the Digital Rupee...
Making sense of RBI’s own digital rupee
A CBDC is a form of legal money that is issued in digital form by a central bank, as per the RBI. It is interchangeable one-to-one with fiat currency...
Banking in a metaverse era
A creator and virtual economy has emerged as a result of the adoption of NFTs, crypto, and central bank digital currencies (CBDC), all made possible...
Reliance Retail begins accepting govt's digital rupee for sales
"This historic initiative of pioneering the digital currency acceptance at our stores is in line with the company's strategic vision of offering the...