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Tag: State Bank of India

Top Banking as a Service Companies in 2023 | SDK.finance

Key takeaways Banking as a Service (BaaS) enables non-banks to provide financial services to their customers. The BaaS sector is expected to reach a...

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India explores offline functionality of CBDCs — RBI executive director

India’s recently launched in-house central bank digital currency (CBDC) — the digital rupee — is now being tested for offline functionality, revealed Ajay Kumar Choudhary, executive...

India UPI expanding services to Singapore

The Unified Payments Interface (UPI), which is India's national payment network, is now merging with the PayNow quick payment system in Singapore in order...

Singapore and India’s Real-Time Payments Linkage Goes Live

The real-time payments linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI) has officially gone live today.This will enable customers of participating financial...

Kerala Embraces Digital, as India’s Banking Ambitions Grow

Even as India is going about the implementation of 75 fully digital banking branches throughout the country, including making allocations for rural areas in...

Nigeria, Turkey, India, Have Largest Adult Population Trading Crypto

More than half of Nigeria and Turkey’s adult populations trade cryptocurrency monthly. India has 300 million people in crypto, representing 29% of India’s adult...

Indian Finance Minister Step-up to Low Inflation & Boost Economy

12 seconds ago | 2 mins read Bitcoin News Nirmala Sitharaman says Growth, health,...

RBI Begins First Retail Digital Rupee Pilot in 13 Indian Cities With 8 Banks

India’s central bank, the Reserve Bank of India (RBI), is launching its first retail digital rupee pilot on Dec. 1 with the participation...

India to roll out retail CBDC on Dec. 1

India will launch its retail central bank digital currency (CBDC) pilot on Thursday, Dec. 1,  with plans to gradually expand trials, the Reserve Bank...

Bank of Japan to trial digital yen with three megabanks

Despite Japan’s uncertainty on whether to issue a central bank digital currency (CBDC), the Bank of Japan (BoJ) continues experimenting with a potential digital...

The Reserve Bank of India to launch a retail CBDC pilot in December

Having tested the wholesale usage of its central bank digital currency (CBDC), the Reserve Bank of India (RBI) is preparing to conduct the retail...

The RBI will pilot retail CBDC in December

The Reserve Bank of India (RBI) is getting ready to conduct trials of the "digital rupee" at a number of different retail outlets throughout...

Indian central bank on track to launch retail CBDC pilot next month

The Reserve Bank of India (RBI), the country’s central bank, is finalizing the rollout of the retail digital rupee pilot, the Economic Times of...

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