FinTech Lab Analyst Briefings Get in touch Advertise with Us IBSi Newsletter
back Back

India unveils its first commercial digital rupee to empower SMEs

By Puja Sharma

November 30, 2022

  • CBDC
  • Central Bank Digital Currencies
  • Digital Currency
Share

The Reserve Bank of India (RBI) has planned to launch its first commercial digital rupee (e₹-R) pilot on the 1st of December 2022. The central bank announced in an official publication that the currency will be a digital token representing legal tender. It will be issued in the same denominations as paper currency and coins […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

IBSi Daily News Analysis + monthly IBSi FinTech Journal

Daily insightful Financial Technology news analysis

Weekly snapshots of industry deals, events & insights

Weekly global FinTech use cases

Chart of the Week curated by IBSi’s Research Team

Monthly issues of the iconic IBSi FinTech Journal

Exclusive invitation to a flagship IBSi on-ground event of your choice


£19.99/monthly - Subscribe Now!
Previous Article

November 29, 2022

Black Friday sales could surge £200m if payments didn’t fail, study shows

Read More
Next Article

November 30, 2022

Open Banking solutions boost holiday sales, research reveals

Read More









Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

Today

Most Britons think big banks prioritise profits over helping savers, study shows

Read More

Today

Large US banks face funding and liquidity challenges in 2024: Moody’s

Read More

December 05, 2023

Why joining forces is key to boosting bankability and bridging climate finance gaps

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2023

£1,500.00 / year

Know More
Next-Gen Debt Collection Systems Growing Importance of Collections Q4 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023