Reserve Bank of India

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is weighing CBDC privacy technology and crypto tax is not part of its domain, a senior official told CoinDesk.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
The retail CBDC pilot is active in more than 15 cities with more than a dozen banks participating.
Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
India launched two CBDC pilots last year, a wholesale CBDC and a retail CBDC.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

(Unsplash)
India's Reliance Retail, Other Merchants Now Accepting Digital Rupee
The pilot phase for India's digital currency has expanded beyond the original four cities.
(Unsplash)

India to Begin Digital Rupee Test in 4 Cities With 4 Banks
India to Begin Digital Rupee Test in 4 Cities With 4 Banks
The Reserve Bank of India will start testing its retail central bank digital currency (CBDC), the digital rupee, in Mumbai, New Delhi, Bengaluru and Bhubaneswar with the initi...
India to Begin Digital Rupee Test in 4 Cities With 4 Banks

Mumbai, India (Renzo D'Souza/Unsplash)
India's Central Bank Crystalizes CBDC Vision in Concept Note
"Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions," said the RBI.
Mumbai, India (Renzo D'Souza/Unsplash)

The Indian flag. (Pixabay)
India to Ban Crypto as Payment Method but Regulate as Asset: Report
The Modi government will also ban active solicitation from crypto firms, such as ads.
The Indian flag. (Pixabay)

RBI entrance in New Delhi, India  (Shutterstock)
Indian Central Bank Governor Says Blockchain Technology Can Thrive Without Cryptocurrencies
There are far deeper issues involved with cryptocurrencies, RBI’s Shaktikanta Das said.
RBI entrance in New Delhi, India  (Shutterstock)

RBI entrance in New Delhi, India
India Could Launch CBDC Trials Later This Year, According to Central Bank Governor: Report
Deputy Governor T. Rabi Sankar said the central bank is studying matters related to security and the broader impact a CBDC would have on monetary policy.
RBI entrance in New Delhi, India

Reserve Bank of India
India's Central Bank Considering Pilot Programs for CBDC: Report
Deputy Governor T. Rabi Sankar said a CBDC would reduce the use of cash and protect citizens from the volatility of cryptocurrencies.
Reserve Bank of India