News - Digital Rupees

Canara Bank Digital rupee

January 4, 2024January 4, 2024 Jeevan Pant

Canara Bank Digital Rupee: A Brief Canara Bank Digital Rupee is a mobile app facilitating transactions using the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) or e₹. Currently, it’s in the pilot phase, and access is limited. What is a Digital Rupee wallet? Think of it as your physical wallet, but digital. It holds e₹ tokens issued by the RBI and lets you make secure, fast transactions through the Canara Digital Rupee app. How does it work? Benefits: How to apply for Canara Bank digital rupee: Unfortunately,…

Embrace the Digital Revolution: Introducing the Sleek and Secure Digital Rupee App

December 26, 2023December 26, 2023 Jeevan Pant

Subheading: Say goodbye to piles of cash, as the Digital Rupee App revolutionizes the way transactions are made! In this fast-paced era of technological advancements, the Indian Government has taken a massive leap towards a cashless economy with the introduction of the groundbreaking Digital Rupee. With the ease and convenience it offers, this virtual currency is set to transform transactions as we know them. Alongside the Digital Rupee, the government has launched the Digital Rupee App, empowering citizens with a safe and user-friendly platform to manage their finances. Let’s delve…

IDFC digital rupees wallet

June 26, 2023June 26, 2023 Jeevan Pant

As you know that RBI will launch digital rupees online and IDFC First Bank will launch a separate IDFC Digital Rupees wallet because it will be India’s first digital currency that will be issued by official sources. IDFC First Bank knows the importance of the Digital world and blockchain and they will never miss this opportunity to encash. They know that digital rupees will help them to reduce the branch load and cash process, which is a liability & they are spending too much money on it. Because of digital…

SBI Digital Rupee Wallet

January 26, 2023January 29, 2023 Jeevan Pant

As you know that RBI will launch digital rupees online and SBI will launch a separate SBI Digital Rupee wallet because it will be India’s first digital currency which will be issued by official sources. SBI knows the importance of the Digital world and blockchain and they will never miss this opportunity to encash. They know that digital rupees will help them to reduce the branch load and cash process, which is a liability & they are spending too much money on it. Because of digital mudra, SBI can reduce…

HSBC digital rupees

January 22, 2023January 22, 2023 Jeevan Pant

HSBC is a single multinational bank that is participating CBDC HSBC digital rupees pilot project. It is a foreign national bank, that expressed interest in CBDC digital rupees retail pilot project. As you know that RBI will launch digital rupees online and HSBC will launch a separate HSBC Digital Rupee wallet because it will be India’s first digital currency which will be issued by official sources. HSBC knows the importance of the Digital world and blockchain and they will never miss this opportunity to encash. They know that digital rupees…

Yes Bank Digital Rupees

January 21, 2023January 21, 2023 Jeevan Pant

What is Yes bank digital rupees online? YES BANK announced participation in the pilot of the Digital Rupee (e₹), a new form of currency launched by the Reserve Bank of India (RBI). Digital Rupee (e₹) is a legal tender, similar to the sovereign paper currency, and is issued in digital form by the RBI. The Yes Bank has rolled out the RBI’s Central Bank Digital Currency (CBDC) for its closed user group (CUG), comprising its retail customers and merchants. YES BANK is one of the 4 banks identified by the…

Retail Rupee app

January 20, 2023January 20, 2023 Jeevan Pant

Finally, the retail pilot of the RBI’s digital retail rupee app went live on December 1, 2022. Touted as the e-Rupee or digital rupee, the RBI’s central bank digital currency (CBDC) is an electronic form of Indian currency. Here’s all you need to know about the retail pilot launch of RBI’s digital rupee, according to the CBDC notifications issued on October 7 and November 29, 2022. Retail digital rupee can provide access to safe money for payment and settlement as it is a direct liability of the central bank, believes…

ICICI BANK Digital Rupee Wallet

January 19, 2023January 19, 2023 Jeevan Pant

As you know that RBI will launch digital rupees online and ICICI BANK will launch a separate ICICI BANK Digital Rupee wallet because it will be India’s first digital currency that will be issued by official sources. ICICI BANK knows the importance of the Digital world and blockchain and they will never miss this opportunity to encash. They know that digital rupees will help them to reduce the branch load and cash process, which is a liability & they are spending too much money on it. Because of digital…

Wholesale rupee

January 9, 2023January 9, 2023 Jeevan Pant

What is the wholesale rupee? The is a form of digital currency used in India that is used by businesses and traders to purchase goods and services in bulk. It is a form of currency that is regulated by the Reserve Bank of India (RBI). The wholesale rupee has been in use since the early 1950s and has become an integral part of the Indian economy. It is used for various purposes such as import and export, trading, investments, remittances, etc. The wholesale rupee also helps to reduce the cost…

Kotak Digital Rupee wallet

December 19, 2022December 19, 2022 Jeevan Pant

Kotak Mahindra bank had launched in 2003 and now it is the fastest-growing Pvt bank in India. Kodak to launch Kotak Digital Rupee wallet to store your digital rupee. Apart to store digital rupees you can do more with this wallet.Kotak Digital Rupee wallet What is Kotak Digital Rupee Wallet? Kotak Digital Rupee wallet is a mobile and web application where you can store your all crypto rupee. This wallet will launch will more features like purchasing with digital rupees and converting digital rupees into cash any time during banking…