India began piloting its CBDC in 2022, and saw meteoric growth, with more than 5 million investors and 400,000 merchants in the country experimenting with the digital rupee. The central bank has ...

marking the first acquisition in the nascent central bank digital currency space in a deal that sources said was worth around $3.5 million. The Reserve Bank of India started a pilot for the CBDC ...

Overall, we expect the rupee to trade in the range of 85.5-87.5 per dollar in FY26," said Aditi Gupta, Economist, Bank of Baroda. FPJ Shorts India Overtakes Japan, Becomes World’s 4th Largest ...

The RBI received bids from 253 participants aggregating $25.59 billion at the auction against the notified amount of $5 billion ... US Dollars to the RBI. The RBI will credit the Rupee funds ...

PayPal-Backed Mintoak Strikes India's First E-Rupee Related Deal, Worth $3.5 Million, Sources Say By Ashwin Manikandan NEW DELHI (Reuters) - Indian startup Mintoak, which provides merchant payment ...