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RBI Kickstarts Retail Digital Rupee Pilot By Issuing INR 1 71 Cr

Based on user demand, RBI is expected to mine more retail digital rupee over the next few days and expect to reach 50K users & merchants.

New delhiUttar pradeshAndhra pradeshSaudi arabiaMadhya pradeshMihir gandhiAtlantic councilFirst bankKotak mahindra bankUnion bankReserve bankState bankYes bankPayment transformationPwc indiaEast carribean

RBI To Commence Pilot Of Retail Digital Rupee On December 1

The Reserve Bank of India (RBI) on Tuesday announced the launch of the first pilot for retail digital rupee

New delhiUttar pradeshAndhra pradeshSaudi arabiaMadhya pradeshT rabi sankarAtlantic councilFirst bankKotak mahindra bankUnion bankReserve bankState bankYes bankEast carribeanGovernort rabi sankar

Hurricane Danielle Becomes Stationary in the Atlantic; Tropical Storm Earl Expected To Strengthen in the East Caribbean

Forecasters said Hurricane Danielle continued to slowly grow early Sunday evening and was likely to meander over the open sea for the next two days, posing no immediate threat to land.

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India Prepares For CBDC Launch, Pilot To Begin By The End Of 2022

The CBDC is being developed for both retail and wholesale, but the digital currency is likely to be rolled out for wholesale businesses first

Saudi arabiaSouth africaSouth koreaNirmala sitharamanPt ravi shankarAtlantic councilReserve bankFinance minister nirmala sitharamanEast carribeanGovernort ravi shankar

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