ICICI Bank, Yes Bank, Bank of Baroda and IDFC First Bank who participated in the retail digital rupee pilot have complained of technical problems and issues while making payments Cryptocurrency ...

Starting November 1, the Reserve Bank of ... pilot project. Digital rupees won't replace the real currency notes but will only make heavy transactions easier. The digital rupee will lower ...

A central bank digital currency (CBDC ... be facilitated by a central bank-issued digital wallet, said industry stakeholders. The rollout of the e-rupee has been one of the most sought-after ...

The country’s central bank is working on the digital rupee, which may or may be based on the blockchain, with a deadline of March 2023. Here’s everything that has happened in India’s crypto ...

Moving to the digital rupee — India’s central bank digital currency (CBDC) — for subsidy payments, a course the Centre is considering, could deliver multiple benefits. For one, this will ...

At another, it needs tech enablers to match the advantages of a digital currency. For this, the e-rupee should prove handy. As a direct issuance of the Reserve Bank of India, it’s free of risks ...

The current rates "are quite attractive for corporates to lock into fully-hedged rupee cost, which is lower than borrowing in rupees directly," said B. Prasanna, head - treasury, at ICICI Bank.