“From Rupee to Digital Currency: UPI and CBDC in India”
India’s remarkable digital transformation has been driven by innovative financial technologies and a vision for an inclusive, cashless economy. Two
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Rupee
RBI issues Rs. 1.71 crore of digital rupee for retail pilot day 1
The pilot project for central bank digital currency (CBDC) in the retail segment went live with the Reserve Bank of
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Centre allows export incentives for those settling trade in rupee
The Centre amended the foreign trade policy (FTP) to enable traders to claim export benefits even if payment is settled
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India pushes Rupee trade beyond Russia
On the lines of an arrangement being worked out with Russia, India is in talks with Sri Lanka, the Maldives
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Rupee trade: Indian banks weigh the risks of tying up with Russian lenders
Indian banks are weighing the risk of opening correspondent banking relations with Russian banks, including ones that have a presence
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Govt permits invoicing, payment and settlement of trade in rupee
The commerce ministry allowed invoicing, payment and settlement of exports and imports in Indian rupee, a move aimed at facilitating
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RBI cancels banking license of Rupee Co-operative Bank
The Reserve Bank of India (RBI) cancelled the license of Rupee Co-operative Bank Ltd in Pune. According to a press
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Rupee Cooperative Bank will cease to exist
Rupee Cooperative Bank will cease to exist as a bank from September 22. Many of high value depositors are senior
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