India's central bank digital currency, the digital rupee, crossed a million transactions in a day on Dec. 27, 2023 – but with at least a little help from retail banks' own employees. CoinDesk ...

The e-rupee—India’s central bank digital currency (CBDC)—was launched both for wholesale transactions involving interbank transfers and retail transactions among the public.

MUMBAI (Reuters) - Usage of India's digital currency, the e-rupee, has slumped to just a tenth of the peak hit in December, four sources said, reflecting the struggles several countries have ...

Indian banks disbursed some employee benefits through digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources ...

Transactions via central bank digital currencies (CBDCs) ... India started the pilot project for its digital currency, or e-rupee, from Nov 1, when it was opened for initial trial.

The RBI started its e-rupee pilot in December 2022 but transactions averaged only 25,000 a day by the end of October, even though its use case was significantly broadened by linking it to the ...

GooglePay, Walmart-backed PhonePe and AmazonPay are among five payment firms seeking to join the Indian central bank's digital currency pilot by offering transactions via the e-rupee, three ...

On Oct. 8, the Reserve Bank of India (RBI) finally dropped more hints on how it plans to implement its digital currency (or Digital Rupee/e-Rupee), which would in most accounts be equal to the ...

COLOMBO, Sri Lanka — Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign ...