RBI plans offline capabilities for digital rupee pilot, improving financial inclusion in areas with limited internet.

The Reserve Bank of India (RBI) has announced plans to introduce offline capabilities for its central bank digital currency (CBDC) pilot project, allowing digital rupee users to conduct transactions in areas with limited internet connectivity. This development aims to improve financial inclusion and ease of use for users in rural and urban locations with limited digital connectivity. Additionally, the RBI plans to enhance the security features of Aadhaar-Enabled Payment Systems (AePS) and introduce a principle-based framework for authentication of digital payment transactions.

Articles

Financial Express

MENAFN

The Hindu

CoinTelegraph

NDTV Profit

Moneycontrol

The Hindu Business Line

The Economic Times

Morung Express

Financial Express

-- show more --

Times of India

The Hindu Business Line

Moneylife

Business Today

The Economic Times

MediaNama

Biztoc

Oneindia

The Statesman

Business Insider India

-- show less --

Related Stories