BoB targeting 10 lakh CBDC users over next 3-4 months
Bank of Baroda has seen daily transactions grow from 200-300 to over 2,000 a day
Source: moneycontrol.com
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Explained: What are RBI's CBDC e-rupee and wallets? All you need to know about digital rupee
India's CBDC e₹: A digital wallet linked to banks, serving as a digital representation of physical cash.
Source: dnaindia.com
India very ambitious about UPI, wants to internationalise it: RBI sources
Indian authorities have been aggressively pushing the use of India's digital payment products over the last one year in what seems to be a larger driver to internationalise the rupee
Source: moneycontrol.com
How is e-Rupi different from UPI? Here are 5 key differences
Unlike UPI, which requires a bank account and a debit card in order to make payments, e-rupi does not need any of these things, according to experts.
Source: dnaindia.com