How is RBI Looking to Scale Up Retail CBDC in India?

How is RBI Looking to Scale Up Retail CBDC in India?

How RBI is looking to scale up retail CBDC in India - ET BFSI

RBI is emphasizing not only on transaction volumes but also on the efficiency of the technology, how systems cope and user behaviour.

NPCI in talks to link Indian and US banks for real-time payment service - ET BFSI

This initiative aims to capitalize on NPCI's progress in establishing cross-border payment systems. Read more

India asks Visa, Mastercard to stop B2B payments via fintech platforms - Reuters

Visa & Mastercard have been asked to stop card-based B2B payments such as rents or money transfers to vendors routed through third-party fintech firms.

India & Nepal sign pact to link UPI & NPI for faster remittances - The Hindu

The integration is aimed at facilitating cross-border remittances by enabling users of the two systems to make instant, low-cost fund transfers. Read more

Digital currencies can be used for overseas payments, says RBI - The Times of India

RBI said that the central bank's digital currencies could be used for cross-border payments using a shared platform developed under the Bank for International Settlements.

How banks can empower small businesses to grow - FSS Knowledge Hub

While India has seen a surge in digital payments, small businesses still face an uphill task in accepting them. Read more

Swiss still love physical cash despite the rise in payment apps - ET BFSI

Around 92% of companies that operate face-to-face businesses in Switzerland accept cash while just 59% accept payments via apps. Read more

Currency in circulation growth slips to 3.7% in Feb in the aftermath of Rs 2,000 notes withdrawal - ABP Live

Commercial banks logged a growth of double digits in deposits in January, owing to the withdrawal of the Rs 2,000 banknotes. Read more

Building deeper collaborations between regulators and financial institutions - IBS Intelligence

On this exclusive podcast, FSS CEO V Balasubramanian, talks about how financial institutions collaborating with regulators has enabled India to innovate in the payments space.


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