digital rupee

RBI’s CBDC Can Now Be Accepted at Reliance General Insurance Through Yes Bank

by

Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the Reserve Bank of India’s (RBI) Central Bank Digital Currency e-Rupee for premium payments. The company has tied up with Yes Bank to facilitate the collection of premiums in the digital mode using the bank’s e-Rupee … Read more

India Has No Plans to Incentivise CBDC Users Despite Tedious Onboarding: Details

by

India is forging ahead with the trials of its central bank digital currency (CBDC) dubbed as the digital rupee (e₹-R) with each passing day. To use the digital rupee, Indians will have to download a designated CBDC app, link their bank accounts to this app, convert their money to the CBDC before being able to … Read more