Wednesday, March 22, 2023

CBDC

‘Government, RBI in talk with countries for rupee trade’

RBI Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in rupee.He also said the central bank digital currency (CBDC) is in trial phase and...

Indian e-rupee to boost digital payments

A central bank digital currency (CBDC) can play a key role in providing access to digital payments without the requirement of a bank account and the access would be facilitated by a central bank-issued digital wallet, said industry stakeholders.The...

Discussions on with RBI over digital currency: FM

Finance Minister Nirmala Sitharaman on Monday said discussions with regard to central bank-backed digital currency have been going on with the Reserve Bank and a decision will be taken after due deliberations.Sitharaman in her Budget speech on February 1...