RBI to adopt graded approach to introduce digital currency

May 28, 2022

New Delhi [India], May 28 : The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach...

Eight banks participated in digital currency project: RBI Deputy Governor

Feb 08, 2023

T Rabi Sankar said that there are currently over 50,000 retail central bank digital currency (CBDC) users in India.

Bringing efficiency in cross-border payments among motivations behind wholesale digital Rupee: Govt

Dec 12, 2022

Bringing efficiency in cross-border payments is another important motivation for introducing Central Bank Digital Currency in the wholesale segment.

Will CBDC (Central Bank Digital Currency) help India to achieve five trillion economy goal by 2030?

Dec 13, 2022

New Delhi [India], December 13 (ANI/PNN): India's quest to eradicate black money has been a long one considering the prominence of cash over digital...

Singapore launches expanded initiative for cross-border usage of digital currency

Nov 04, 2022

The enhanced initiative is named Ubin+, which will strengthen Singapore's capabilities to use digital currency-based infrastructure for cross-border transactions.

NIA raids 4 states, busts fake currency racket seizing fake notes

Dec 02, 2023

The National Investigation Agency (NIA) searched four states on Saturday and busted fake Indian Currency Notes (FICN) rackets being carried out in various parts...