RBI launches retail digital rupee on pilot basis

Dec 01, 2022

The digital rupee would offer features of physical cash like trust, safety and settlement finality.

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...

78 pc of consumers choose digital banking over cash transactions

Aug 25, 2024

Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over the past two years. This change has been accelerated...

RBI proposes cash deposits through UPI; widens digital currency for retail

Apr 05, 2024

The Reserve Bank of India has proposed the idea of depositing cash in Cash Deposit Machines (CDMs) using UPI mechanism, in what could be...

CBI books seven people in cryptocurrency Ponzi Scheme case involving transactions over Rs 350 crore

Jan 24, 2025

The agency conducted searches at 10 locations across seven States and union territories. In the searches, several incriminating digital evidence and devices were discovered...

Despite being leader in digital transactions, cash circulation increasing substantially in India

Sep 19, 2024

Despite India being a leader in digital financial transactions, cash currency in circulation has more than doubled over the last eight years. As per...