Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster adoption, fintech companies like CRED and MobiKwik are introducing CBDC ...

Expanding its central bank digital currency (CBDC) pilot, the Reserve Bank of India (RBI) is looking to join hands with five more banks — Axis bank, Federal Bank, Punjab National Bank ...

The Reserve Bank of India (RBI) has stated that it would implement its central bank digital currency (CBDC) plans via a graded approach and in step with the country's monetary policy. RBI’s ...

The acquisition is said to enhance the CBDC-related payment solutions offered by its partner banks, which include HDFC Bank, Axis Bank, and State Bank of India (SBI). Mintoak CEO Raman Khanduja ...

Feb 25 (Reuters) - The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and non-bank lenders, according to two separate circulars issued on Tuesday.

A system is being worked out to integrate the Central Bank Digital Currency (CBDC)-based subsidy system with the Unified Portal for Education Loan, one of the executives said. Once this happens ...

Mumbai: Nine months after the Reserve Bank of India (RBI) announced allowing non-bank payments players into central bank digital currency (CBDC) pilots, two private fintech firms, CRED and ...