Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

‘RBI focusing on new use cases for e-rupee’

Mint Chennai

|

October 08, 2025

The Reserve Bank of India (RBI) is in no rush to open up the pilots for the central bank digital currency (CBDC) to the masses and is, instead, focusing on adding more use cases to the e-rupee with a focus on cross-border transactions, T. Rabi Sankar, deputy governor of the central bank, said on Tuesday.

- Anshika Kayastha anshika.kayastha@livemint.com

“Right now, we are focus-sing on creating sufficient use cases, particularly programmable ones. The area we are focusing on is that a user, who doesn't need to understand any technology, should be able to attach a program to the CBDC and then use it,” Sankar said on the sidelines of the Global Fintech Fest 2025.

The central bank is working on several such use cases that are in various stages of development and some which have already been tried out, he said.

FLERE HISTORIER FRA Mint Chennai

Mint Chennai

What went into quadrupling Jio Payments Bank's footprint

Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers for its more profitable financial products.

time to read

2 mins

November 25, 2025

Mint Chennai

British cosmetic co Lush re-enters India

British cosmetics retailer Lush, which is reentering India after close to three decades, looks to tap the fast-growing luxury segment in beauty & personal care and expects the country to be among its top 10 global markets in the next 3-5 years, its co-founder Rowena Bird said.

time to read

1 min

November 25, 2025

Mint Chennai

Mint Chennai

AI ignites the return of Bezos the inventor

‘Tm the least retired person in the world,’ Amazon founder says

time to read

4 mins

November 25, 2025

Mint Chennai

Mint Chennai

Diwali is past, but shopping season is roaring ahead

India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.

time to read

1 min

November 25, 2025

Mint Chennai

Let digital links and AI fix gaps in power grids as they go green

Digital interoperability and AI can deliver energy efficiency and resilience against transition shocks

time to read

3 mins

November 25, 2025

Mint Chennai

Mint Chennai

TCS, Wipro US patent suits worsen IT's woes

Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.

time to read

1 min

November 25, 2025

Mint Chennai

Quality control orders: Let's fix all distortions

Dropping QCOs that act as import barriers for factory inputs will help reduce costs but India should also tackle other distortive aspects of our trade policy that do the economy a disservice

time to read

2 mins

November 25, 2025

Mint Chennai

Mint Chennai

SC clears Sandesarass after ₹5,100-crore settlement deal

Court drops all criminal proceedings against Sterling Biotech promoters in a bank fraud case

time to read

3 mins

November 25, 2025

Mint Chennai

Sunteck in Dubai with ₹10,000-cr luxe project

Sunteck Realty Ltd has ventured into the Dubai property market with a ₹10,000-crore luxury project in the prime Downtown Dubai area, at a time when the city is witnessing a surge in demand for high-end properties.

time to read

1 min

November 25, 2025

Mint Chennai

Govt plans reform push in winter session

The government is preparing to push a packed reform agenda through parliament's short winter session that will start 1 December, with 15 sittings scheduled to clear major legislations tied to crucial issues, including ease of doing business, regulatory consolidation, foreign investment, and sectoral reforms.

time to read

1 mins

November 25, 2025

Listen

Translate

Share

-
+

Change font size