RBI’s latest announcement allowing non-bank payment system operators to offer Retail CBDC is set to increase compliance burden and cost…
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Mumbai: reserve Bank of India has allowed non banks Issuing a wallet for a central bank digital currency is also…
Mumbai: The RBI has decided to allow the use of third-party UPI applications to make UPI payments from PPI wallets…
MUMBAI – The Reserve Bank of India (RBI) plans to use non-bank payment systems, including third-party payment providers, to make…
Broader Money Supply (M3) and deposit growth in the Indian banking system has settled at a lower level (Additionally, a…
Representative imageQuietly and without fanfare, India’s Digital Rupee reached a significant milestone of 1 million transactions per day around December…
Suppose you want to buy alcohol, but don’t want it to reflect the purchase in your bank account, or you…
India has embarked on the CBDC journey, which it sees as a transformative catalyst reforming financial inclusion, ensuring a safer…
In a recent interview with ETNow, Reserve Bank of India (RBI) Governor Shaktikanta Das shed light on the evolving cryptocurrency…
Retail Central Bank Digital Currencies (CBDCs) could challenge existing payment processing solutions, offering faster and cheaper transactions and This could…