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

June 02, 2023

How wealth management firms can grow revenues in a declining market

Read More

June 02, 2023

The Weekly Wrap: all you need to know by Friday COB | June 2nd

Read More

June 01, 2023

With ECB nearing its launch, could Digital Euro become a reality?

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More

Global Digital Banking Vendor & Landscape Report Q1 2023

£1,500.00 / year

Know More

Wealth Management & Private Banking Systems Report Q1 2023

£1,500.00 / year

Know More

Global Transaction Banking Vendors and Landscape Report Q1 2023

£1,500.00 / year

Know More

Treasury & Capital Markets Systems Report Q1 2023

£1,500.00 / year

Know More