Showing results for "#Central Bank Digital Currency"
RBI Governor pitches for reducing cost, time of remittances
The new technology and payments system can be used for expediting and expanding cross-border payments, he noted.
India to take a considered view on crypto: Sitharaman
27 April 2022 3:32 PMSitharaman, in her Budget speech on February 1, had announced that the digital rupee or CBDC would be issued by the RBI in the coming fiscal year.
RBI to adopt graded approach to introduction of digital currency
29 May 2022 7:47 AMThe Reserve Bank is engaged in the introduction of a central bank digital currency (CBDC) in India. The design of CBDC needs to be in conformity with...
Cryptocurrencies are clear danger to financial systems: RBI Governor
30 Jun 2022 2:48 PM"While technology has supported the reach of the financial sector and its benefits must be fully harnessed, its potential to disrupt financial...
Decrypt: The arguments in favour of CBDC
21 Aug 2022 11:39 PMCentral banks are rolling up their sleeves and familiarising themselves with the bits and bytes of digital money.
RBI to soon launch e-rupee on pilot basis for limited use
7 Oct 2022 11:12 PM“Supported by state-of-the-art payment systems of India that are affordable, accessible, convenient, efficient, safe and secure, the Digital Rupee...
RBI looking at phased implementation strategy to launch digital...
9 Oct 2022 3:01 PMIt has made this observation in a concept note on CBDC prepared by RBI's fintech department.
Making sense of RBI’s own digital rupee
16 Oct 2022 10:18 PMA 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...