November 22, 2024 14:10 (IST)
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PM Modi bestowed Dominica's highest award at India-CARICOM Summit | 69-year-old Delhi man, a St. Stephen's alumnus, arrested for conning govt officers by posing as ex-IPS | 'Baseless': Adani Group denies US charges of bribery and fraud against Gautam Adani | AAP's first list of candidates for Delhi polls feature six turncoats | PM Modi is incapable to arrest Gautam Adani: Rahul Gandhi after tycoon charged with bribery and fraud in the US

Union Bank of India integrates CBDC with UPI to offer interoperability

Mumbai: Public Sector Bank (PSB) Union Bank of India on Friday announced the launch of interoperability of India’s Central Bank Digital Currency with UPI under the aegis of RBI.

RBI begins digital rupee pilot in four cities

Mumbai/IBNS: Reserve Bank of India's (RBI) retail central bank digital currency (CBDC) pilot kicked off on Thursday (Dec. 1), a month after India's central bank launched the wholesale version for the same. 

Internationalisation of CBDC can address transborder payment issues, says RBI Deputy Governor

RBI deputy governor T Rabi Sankar Wednesday said in New Delhi that internationalisation of CBDC was crucial to addressing the problems faced by international bodies in cross border payments, media reports said.

Need for CBDC emerged due to threat posed by stablecoins: RBI Deputy Governor

Mumbai: RBI deputy governor T Rabi Sankar has said that stablecoins —cryptocurrencies pegged to stable assets such as gold or dollar are a bigger cause of worry for economies as it increases the risk of dollarisation.

RBI to take 'calibrated and nuanced' approach towards CBDC

Mumbai: The Reserve Bank of India (RBI) is all set to start testing and running pilot projects of Central Bank Digital Currency (CBDC) after legislative enablement by the Centre, RBI Deputy Governor T. Rabi Shankar said in a post monetary policy committee press conference.