Gujarat in western India has launched a central bank digital currency pilot in which grain is dispensed from 24/7 automated teller machines (ATMs) as part of the state’s public welfare programme.

India’s outgoing Reserve Bank of India (RBI) governor has trumpeted the country’s status as a “pioneer” in the central bank digital currency (CBDC) space, noting its broad reach among millions of ...

A pilot project in Gujarat has begun testing whether the Central Bank Digital Currency can fix systemic leaks and redefine ...

Gandhinagar: Union home and cooperation minister Amit Shah on Sunday rolled out India's 1st Central Bank Digital Currency ...

The Government of India has launched a Central Bank Digital Currency (CBDC)-based Digital Food Currency pilot in Gujarat. It was inaugurated by the Union Home Minister, Amit Shah in the presence ...

Union Home Minister and Minister of Cooperation, Amit Shah, today launched a transparent, modern, and simple Public Distribution System (PDS) based on Central Bank Digital Currency (CBDC) in ...

Union Home Minister Amit Shah will inaugurate India's first Central Bank Digital Currency (CBDC)-based Public Distribution ...

On his final day in office, outgoing Reserve Bank of India (RBI) Governor Shaktikanta Das reaffirmed the transformative potential of India's central bank digital currency (CBDC), commonly called the ...

India’s financial landscape is undergoing a remarkable transformation as digital currency gains traction among businesses, consumers, and policymakers. From everyday payments to cross-border ...

India is exploring cross-border use of the e-rupee to reduce payment costs, improve trade settlement efficiency and expand the rupee’s global role. India’s e-rupee has evolved from a domestic digital ...

Under the CBDC framework, digital coupons generated through the Reserve Bank of India will be credited directly to ...