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
Finance
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