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Tag: Reserve Bank of India

India UPI expanding services to Singapore

The Unified Payments Interface (UPI), which is India's national payment network, is now merging with the PayNow quick payment system in Singapore in order...

Singapore and India’s Real-Time Payments Linkage Goes Live

The real-time payments linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI) has officially gone live today.This will enable customers of participating financial...

Digital Rupee Attracts 50,000 Users, India’s Central Bank Says

India’s central bank, the Reserve Bank of India (RBI), has announced that 50,000 users have adopted the nation’s central bank digital currency (CBDC), the...

India’s CBDC Pilot Test Garners 50k Users and 5k Merchants

10 seconds ago | 2 mins read Altcoin News RBI deputy governor Rabi Sankar...

India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee

India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank...

Breaking: India’s Finance Minister Answers Crypto Regulation, Adani Queries

India is in discussion with other G20 nations to plan a common regulatory framework for crypto regulation, Indian Finance Minister Nirmala Sitharaman said...

7 Key Fintech Takeaways from India’s New Budget

The Union 2023-24 budget, presented by the Finance Minister of India, Nirmala Sitharaman is a landmark event that holds immense significance for the country’s...

Reliance Retail accept digital rupee at one store

Reliance Retail, one of the largest retail chains in India, has made an announcement stating that they have begun taking the digital rupee at...

India’s largest retailer Reliance starts CBDCs sales

Indian retail giant Reliance Retail announced on Thursday that it has started accepting digital rupee payments to become the largest Indian firm to adopt...

Indian retail chain rolls out support for CBDC payments in stores: Report

One of India’s biggest retail chains, Reliance Retail, announced that they have started accepting the digital rupee at one of its store lines and...

India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’

India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year....

India’s Billionaire Showcases Digital Rupee

Anand Mahindra, an Indian billionaire and a board member of the Reserve Bank of India, bought some pomegranates from a street vendor by paying...

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