10 Articles
10 Articles
E-rupee in circulation grows to Rs 1,000 crore, says RBI
The value of central bank digital currency (CBDC) or e-rupee in circulation has surged to Rs 1,016 crore at the end of March 2025, the Reserve Bank said on Thursday. According to the central bank, it was Rs 234 crore in the year-ago period. In its annual report, the RBI said it is exploring the commencement of CBDC pilots on cross-border payments. However, it has not mentioned any timeline. CBDC introduced in November 2022 The CBDC was first in…
RBI Reports 37% Increase In Fake Rs 500 Currency Notes; Is Digital Currency The Solution?
New Delhi: The Reserve Bank of India (RBI) has reported a massive rise in the number of counterfeit Rs 500 denomination notes. In its annual report, RBI has mentioned that counterfeit Rs 500 denomination notes detected in the banking system has surged by 37.3 per cent in the year 2024-25. As many as 1.18 lakh fake Rs 500 notes (new design), worth Rs 5.88 crore, were detected in the banking system during the last financial year, as against 85,711…
India’s Central Bank to Introduce Features for Digital Rupee Pilot and Test Cross-Border Payment: Report
The Reserve Bank of India is actively negotiating with central banks from 18 countries to explore cross-border payments using the digital rupee, aiming to boost foreign trade and reduce dependence on US dollar reserves.
RBI Accelerates Digital Rupee Rollout, Targets Global CBDC Partnerships
The RBI is enhancing its digital rupee pilots by introducing programmability and offline capabilities to boost adoption and financial inclusion. It is also pursuing global CBDC collaborations to reduce cross-border transaction costs and elevate the Indian rupee’s global standing. The Reserve Bank of India is picking up the pace on its digital rupee pilot, rolling out new features that could actually make it useful for everyday life. They’re work…
Reserve Bank of India to roll out new use cases for digital rupee - WorldNL Magazine
The Reserve Bank of India (RBI) is set to broaden the reach of its digital rupee pilots by introducing new use cases and features for both its retail and wholesale central bank digital currencies (CBDCs), according to the central bank’s Annual Report for 2024–25.The central bank said it aims to explore programmability and offline capabilities for the digital rupee, features that may increase its applicability in areas with limited internet acces…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage