The idea behind allowing fintechs to offer e-rupee wallets is to combine the trust and safety of a sovereign currency with ...

Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant ...

India's public sector banks see growth in CBDC transactions, with SBI offering e-rupee to customers and merchants.

Yes Bank has been selected as the primary sponsor bank to facilitate the issuance of the CBDC for both of these third-party application providers.

A significant portion of central banks worldwide have delayed their plans for launching CBDCs, citing regulatory challenges.

On cyber security, BoB CEO and MD said that the banking industry needs to work on protecting the sanctity of the financial ...

Cred has introduced the e-Rupee wallet in partnership with Yes Bank, under the RBI's CBDC initiative. This wallet enables UPI-linked transactions and imposes daily and per-transfer limits.

Digital payment platforms MobiKwik and Cred have entered the Central Bank Digital Currency (CBDC) space by launching their respective e-Rupee (e₹) wallets in partnership with the Reserve Bank of ...

The RBI, in April last year, proposed to extend CBDC accessibility to a broader user base. The move then opened the doors for non-bank payment operators to make CBDC transactions, which were only ...

CRED launches e-rupee wallet, integrating RBI's CBDC, with Yes Bank as sponsor bank, enabling secure digital payments.

Shaktikanta Das, former Reserve Bank of India ( RBI) governor, spoke about the importance of having definite timelines while ...

Cred and MobiKwik became the first Indian fintech firms to roll out e-wallets for the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC), MediaNama previously reported.