digital rupee

SBI Introduces UPI Interoperability With eRupee CBDC for Seamless Transactions

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[ad_1] The State Bank of India (SBI) has announced the implementation of Unified Payments Interface (UPI) interoperability with the Digital Rupee, also called as Central Bank Digital Currency (CBDC). With this move, SBI aims to deliver convenience and accessibility to its customers. This feature, accessible through the ‘eRupee by SBI’ application will empower users to … Read more

Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report

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[ad_1] The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Nearly two dozen central banks across emerging and advanced economies are expected to have digital … Read more