Digital Rupee

News and Trends

Digital E-Rupee Worth Over INR 130 Crore Is In Circulation, Says Nirmala Sitharaman

India launched its e-Rupee on December 1st in 5 select locations in a closed user group for making Person to Person (P2P) and Person to Merchant (P2M) transactions

News and Trends

Digital Rupee Has 50,000 Users And 5000 Merchants: RBI

The pilot project started on December 1 has witnessed 7.70 lakh transactions, and is now being carried out in five cities

News and Trends

IDFC FIRST Bank And ToneTag Partner To Launch CBDC Payments

The digital rupee offers features of physical cash like trust, safety and settlement finality


Marching Towards Future Of Money

The central bank defines CBDC as a legal tender in a digital form issued by it. It is the same as a sovereign currency and is exchangeable at 1:1 par with fiat currency

News and Trends

RBI To Launch First Pilot Of Digital Rupee

As per reports the pilot for retail digital currency is likely to be launched this month