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Govt, RBI actively engaged on digital currency: FM Sitharaman

We strongly believe it helps in cross border payments

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India, A Digital Payments Leader, Takes Cautious Steps Toward CBDC Adoption

Despite its impressive success in adopting and expanding a digital payments ecosystem, India has been cautious in rolling out its CBDC.

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Emerging Markets in Asia Are Rushing to Adopt Central Bank Digital Currencies

For countries like China, India, and Indonesia, CBDCs offer tempting solutions to several issues – including the dominance of the U.S. dollar.

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RBI Launches Retail Digital Rupee Pilot in 4 Cities 10 Things to Know About New Virtual Currency

The RBI said users will be able to transact with the digital rupee through a digital wallet offered by the participating banks and stored on mobile phones/devices.

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India s digital rupee to debut by early 2023

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed digital rupee soon

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