Home » central bank digital currency

You Searched For "central bank digital currency"

RBI governor Urjit Patel and deputy governors in Mumbai. (Photo: PTI)

RBI explores India's digicoin, banks told to reject bitcoins

Digital currency may save on printing, distribution costs of notes.

6 April 2018 2:49 AM IST

Union Minister of Finance Nirmala Sitharaman with MoS Pankaj Chaudhary arrives at Parliament for the presentation of the Union Budget 2022-23, in New Delhi, Tuesday, Feb 1, 2022. (PTI Photo/Kamal Kishore)

India's digital currency to debut by early 2023

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed 'digital...

6 Feb 2022 11:16 AM IST

Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.

RBI to issue Digital Rupee in FY23-Sitharaman

Digital currency will also lead to a more efficient and cheaper currency management system

2 Feb 2022 9:10 AM IST