RBI CBDC Digital Rupee

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Currently, e-rupee transactions hover around 18,000 daily, a figure that pales in comparison to RBI&#39;s ambitious target of a million transactions by 2023.

RBI Plans To Bring E-Rupee To UPI? India&#39;s CBDC Pilot Is Set To Receive Two Key New Features

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This initiative comes as a response to feedback and supervisory reviews that highlighted the need for better communication between lenders and borrowers.

Banks Can No Longer Randomly Increase Your Home Loan Tenors: Here&#39;s Why

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Behind the scenes, the National Payments Corporation of India (NPCI) is gearing up to roll out guidelines for this chat-friendly payment mode.

You Could Soon Ask Siri To Make UPI Payments Says RBI: Details Here

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The monetary policy committee (MPC), comprising three members from the RBI and three external members, unanimously agreed to maintain the repo rate at 6.50%. 

RBI&#39;s Rate Decision Reflects Inflation Worries Sparked by Monsoon Season

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The RBI governor on Thursday said that banks had deposited 85% of these returned ₹2,000 notes into accounts, while they exchanged the remaining 15%.

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