Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central ...

Indian Central Bank has onboarded its first private firm to test the e-rupee for retail users. Fintech firm Cred has become the first private company ...

India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of ...

Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing ...

Reports claiming that printed currency will be completely banned in India and that all transactions will switch to digital ...

In a historic move, MobiKwik has become the first fintech company in India to launch a Central Bank Digital Currency (CBDC) wallet, called e-rupee (e₹). The pioneering effort was done in association ...

RBI partners with fintech firm Cred to launch retail e-Rupee wallet, marking a major expansion of India's CBDC program.

India's forex reserves dropped to $623.9 billion, impacting rupee value, but still adequate according to IMF's ARA EM.

The number of countries experimenting with central bank digital currency has nearly doubled over the past three years, data from the Atlantic Council CBDC tracker shows ...

JioCoin, developed by Reliance Jio, is more akin to a digital loyalty program than a traditional cryptocurrency. Integrated ...

Last year, the central banks of India and Indonesia signed a memorandum of understanding on using local currencies for trade.