Digital Rupee

'Digital Rupee' - 83 News Result(s)

  • E-Rupee Worth Over Rs. 130 Crore in Circulation, Says FM Nirmala Sitharaman
    Press Trust of India | Tuesday March 14, 2023
    Finance Minister Nirmala Sitharaman said on Monday that Digital or e-rupee worth over Rs 130 crore was in circulation on a pilot basis as of February 28. "As on February 28, 2023, the total digital rupee - Retail (e₹-R) and digital rupee - wholesale (e₹-W) in circulation is Rs 4.14 crore and Rs 126.27 crore, respectively," Sitharaman said in a ...
    www.gadgets360.com
  • India Has No Plans to Incentivise CBDC Users Despite Tedious Onboarding: Details
    Written by Radhika Parashar, Edited by Siddharth Suvarna | Friday February 24, 2023
    Speaking at the 17th India Digital Summit earlier this week, a panel of industry insiders said that the use of CBDC is not coming with incentives for Indians. They explained that as opposed to the existing UPI online payment method, the programmable CBDC will make online payments cheaper, faster, and protected with a layer of anonymity.
    www.gadgets360.com
  • CBDC Trials Expanding to 50,000 Users in India, RBI Backs Cautious Approach: Report
    Written by Radhika Parashar, Edited by David Delima | Monday February 13, 2023
    CBDC trials in India have been expanded to 50,000 testers, and the RBI has temporarily halted onboarding newer testers. The central bank of India aims to take a slow and steady approach around its digital rupee. In the last two months, over 770,000 transactions have been facilitated via the digital rupee so far in select cities.
    www.gadgets360.com
  • Digital Rupee Pilot: 50,000 Users Transacting Through Digital Currency, Says RBI
    Business | Press Trust of India | Wednesday February 8, 2023
    The pilot project started on December 1 has witnessed 7.70 lakh transactions, and is now being carried out in five cities, Deputy Governor T Rabi Sankar said.
    www.ndtv.com/business
  • Reliance Retail to Accept Digital Rupee CBDC for Payments in Mumbai Amid India’s Silence on Crypto
    Written by Radhika Parashar, Edited by Richa Sharma | Thursday February 2, 2023
    Reliance Retail is set to accept India’s CBDC as a mode of payment in order to test its use-cases as well as drive its adoption. The development was confirmed by V Subramaniam, the Managing Director of Reliance Retail. Built on the distributed ledger system of blockchain, the CBDC is a digital representation of India’s fiat currency.
    www.gadgets360.com
  • Digital Rupee Pilot Has Blockchain Components, Features Of Physical Cash: Government
    Business | Reported by Aprameya Rao, Edited by Rahul Karunakar | Tuesday December 13, 2022
    Central Bank Digital Currency pilot in the retail segment has components backed by blockchain technology and has several common features with physical cash, Minister of State for Finance Pankaj Chaudhary told the Lok Sabha on Monday.
    www.ndtv.com/business
  • Central Bank Digital Currency Transactions to Remain Anonymous 'To a Certain Degree': RBI
    Reuters | Wednesday December 7, 2022
    Central bank digital currencies (CBDC) transactions would remain anonymous to a certain degree, Reserve Bank of India Deputy Governor T Rabi Sankar said on Wednesday. The IT department allows cash transactions up to a certain limit to be carried out without government ID proof, but the RBI is yet to clarified the degree to which CBDC transactions w...
    www.gadgets360.com
  • Digital Rupee: No Need To Create "Fear Psychosis" Over Privacy Concerns, Says RBI Governor
    Business | Press Trust of India | Wednesday December 7, 2022
    "It (CBDC) goes from my mobile to somebody else's mobile. So why should we create this fear psychosis?," Shaktikanta Das asked.
    www.ndtv.com/business
  • Digital Rupee Trial Begins; Exponential Growth in UPI Payments Backs Optimism on India’s CBDC Pilot: Experts
    Written by Radhika Parashar, Edited by Siddharth Suvarna | Thursday December 1, 2022
    India’s digital rupee CBDC went into retail trials on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the lenders that are participating in these trials, and upon completion, will testify if the CBDC is efficient and robust to use for day-to-day purchases.
    www.gadgets360.com
  • Retail Digital Rupee Pilot Set To Launch Today. Read Details Here
    Business | Reported by Sreekumaran Nettath, Edited by Boris Pradhan | Thursday December 1, 2022
    The retail digital rupee makes its debut today. As the four banks selected by the Reserve Bank of India (RBI) gear up for the pilot launch of the digital rupee, here are 10 important points that you need to know about the digital currency
    www.ndtv.com/business
  • RBI’s First Pilot for Retail Digital Rupee to Go Live on December 1, Will Work in Select Locations
    Written by Radhika Parashar, Edited by Siddharth Suvarna | Tuesday November 29, 2022
    The RBI will begin testing the digital rupee CBDC for retail uses starting December 1. The announcement was made by the RBI on Tuesday, November 29. As part of the trials, the CBDC will be given to the testers in a digital wallet, backed by national banks participating in these trials.
    www.gadgets360.com
  • RBI Set To Launch Retail Digital Rupee Pilot: 10 Points
    Business | Reported by Sreekumaran Nettath, Edited by Boris Pradhan | Tuesday November 29, 2022
    Users can carry out transactions through digital wallets; only those digital wallets offered by banks participating in the RBI's digital currency drive can transact in retail digital rupee.
    www.ndtv.com/business
  • RBI To Launch Retail Digital Rupee On December 1 On Pilot Basis
    Business | Reported by Sreekumaran Nettath, Edited by Boris Pradhan | Thursday December 1, 2022
    Retail digital rupee transactions can be carried out through a digital wallet on mobile phones and other devices.
    www.ndtv.com/business
  • Should India Delay CBDC Trials Amid the Ongoing Global Crypto Meltdown? Here's What Experts Think
    Written by Radhika Parashar, Edited by David Delima | Monday November 28, 2022
    Crypto industry experts, in conversation with Gadgets 360, have highlighted that CBDCs are different from crypto and hence, India did not have to delay its digital rupee trials amid the current market downturn. Once the CBDC is rolled out widely, it will not be affected by any crypto-related volatility and hence, experts have suggested Indians to u...
    www.gadgets360.com
  • Several Banks Participate In First Pilot Run Of RBI's Digital Rupee
    Business | Press Trust of India | Wednesday November 2, 2022
    On Monday, the Reserve Bank of India (RBI) also announced that the first pilot in Digital Rupee - Retail segment is planned for launch within a month in select locations in closed user groups.
    www.ndtv.com/business

'Digital Rupee' - 24 Video Result(s)

'Digital Rupee' - 83 News Result(s)

  • E-Rupee Worth Over Rs. 130 Crore in Circulation, Says FM Nirmala Sitharaman
    Press Trust of India | Tuesday March 14, 2023
    Finance Minister Nirmala Sitharaman said on Monday that Digital or e-rupee worth over Rs 130 crore was in circulation on a pilot basis as of February 28. "As on February 28, 2023, the total digital rupee - Retail (e₹-R) and digital rupee - wholesale (e₹-W) in circulation is Rs 4.14 crore and Rs 126.27 crore, respectively," Sitharaman said in a ...
    www.gadgets360.com
  • India Has No Plans to Incentivise CBDC Users Despite Tedious Onboarding: Details
    Written by Radhika Parashar, Edited by Siddharth Suvarna | Friday February 24, 2023
    Speaking at the 17th India Digital Summit earlier this week, a panel of industry insiders said that the use of CBDC is not coming with incentives for Indians. They explained that as opposed to the existing UPI online payment method, the programmable CBDC will make online payments cheaper, faster, and protected with a layer of anonymity.
    www.gadgets360.com
  • CBDC Trials Expanding to 50,000 Users in India, RBI Backs Cautious Approach: Report
    Written by Radhika Parashar, Edited by David Delima | Monday February 13, 2023
    CBDC trials in India have been expanded to 50,000 testers, and the RBI has temporarily halted onboarding newer testers. The central bank of India aims to take a slow and steady approach around its digital rupee. In the last two months, over 770,000 transactions have been facilitated via the digital rupee so far in select cities.
    www.gadgets360.com
  • Digital Rupee Pilot: 50,000 Users Transacting Through Digital Currency, Says RBI
    Business | Press Trust of India | Wednesday February 8, 2023
    The pilot project started on December 1 has witnessed 7.70 lakh transactions, and is now being carried out in five cities, Deputy Governor T Rabi Sankar said.
    www.ndtv.com/business
  • Reliance Retail to Accept Digital Rupee CBDC for Payments in Mumbai Amid India’s Silence on Crypto
    Written by Radhika Parashar, Edited by Richa Sharma | Thursday February 2, 2023
    Reliance Retail is set to accept India’s CBDC as a mode of payment in order to test its use-cases as well as drive its adoption. The development was confirmed by V Subramaniam, the Managing Director of Reliance Retail. Built on the distributed ledger system of blockchain, the CBDC is a digital representation of India’s fiat currency.
    www.gadgets360.com
  • Digital Rupee Pilot Has Blockchain Components, Features Of Physical Cash: Government
    Business | Reported by Aprameya Rao, Edited by Rahul Karunakar | Tuesday December 13, 2022
    Central Bank Digital Currency pilot in the retail segment has components backed by blockchain technology and has several common features with physical cash, Minister of State for Finance Pankaj Chaudhary told the Lok Sabha on Monday.
    www.ndtv.com/business
  • Central Bank Digital Currency Transactions to Remain Anonymous 'To a Certain Degree': RBI
    Reuters | Wednesday December 7, 2022
    Central bank digital currencies (CBDC) transactions would remain anonymous to a certain degree, Reserve Bank of India Deputy Governor T Rabi Sankar said on Wednesday. The IT department allows cash transactions up to a certain limit to be carried out without government ID proof, but the RBI is yet to clarified the degree to which CBDC transactions w...
    www.gadgets360.com
  • Digital Rupee: No Need To Create "Fear Psychosis" Over Privacy Concerns, Says RBI Governor
    Business | Press Trust of India | Wednesday December 7, 2022
    "It (CBDC) goes from my mobile to somebody else's mobile. So why should we create this fear psychosis?," Shaktikanta Das asked.
    www.ndtv.com/business
  • Digital Rupee Trial Begins; Exponential Growth in UPI Payments Backs Optimism on India’s CBDC Pilot: Experts
    Written by Radhika Parashar, Edited by Siddharth Suvarna | Thursday December 1, 2022
    India’s digital rupee CBDC went into retail trials on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the lenders that are participating in these trials, and upon completion, will testify if the CBDC is efficient and robust to use for day-to-day purchases.
    www.gadgets360.com
  • Retail Digital Rupee Pilot Set To Launch Today. Read Details Here
    Business | Reported by Sreekumaran Nettath, Edited by Boris Pradhan | Thursday December 1, 2022
    The retail digital rupee makes its debut today. As the four banks selected by the Reserve Bank of India (RBI) gear up for the pilot launch of the digital rupee, here are 10 important points that you need to know about the digital currency
    www.ndtv.com/business
  • RBI’s First Pilot for Retail Digital Rupee to Go Live on December 1, Will Work in Select Locations
    Written by Radhika Parashar, Edited by Siddharth Suvarna | Tuesday November 29, 2022
    The RBI will begin testing the digital rupee CBDC for retail uses starting December 1. The announcement was made by the RBI on Tuesday, November 29. As part of the trials, the CBDC will be given to the testers in a digital wallet, backed by national banks participating in these trials.
    www.gadgets360.com
  • RBI Set To Launch Retail Digital Rupee Pilot: 10 Points
    Business | Reported by Sreekumaran Nettath, Edited by Boris Pradhan | Tuesday November 29, 2022
    Users can carry out transactions through digital wallets; only those digital wallets offered by banks participating in the RBI's digital currency drive can transact in retail digital rupee.
    www.ndtv.com/business
  • RBI To Launch Retail Digital Rupee On December 1 On Pilot Basis
    Business | Reported by Sreekumaran Nettath, Edited by Boris Pradhan | Thursday December 1, 2022
    Retail digital rupee transactions can be carried out through a digital wallet on mobile phones and other devices.
    www.ndtv.com/business
  • Should India Delay CBDC Trials Amid the Ongoing Global Crypto Meltdown? Here's What Experts Think
    Written by Radhika Parashar, Edited by David Delima | Monday November 28, 2022
    Crypto industry experts, in conversation with Gadgets 360, have highlighted that CBDCs are different from crypto and hence, India did not have to delay its digital rupee trials amid the current market downturn. Once the CBDC is rolled out widely, it will not be affected by any crypto-related volatility and hence, experts have suggested Indians to u...
    www.gadgets360.com
  • Several Banks Participate In First Pilot Run Of RBI's Digital Rupee
    Business | Press Trust of India | Wednesday November 2, 2022
    On Monday, the Reserve Bank of India (RBI) also announced that the first pilot in Digital Rupee - Retail segment is planned for launch within a month in select locations in closed user groups.
    www.ndtv.com/business

'Digital Rupee' - 24 Video Result(s)

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