RBI's new digital rupee pilot - thoughts?

• RBI is piloting a CBDC and seeks collaboration with the US and EU.
• Partnership with UAE for cross-border CBDC pilot extended by 1-2 years.
• India's CBDC pilot has over 5 million users and involves *16 banks...

RBI's considering UPI for credit cards. Game changer for fintech? How will it affect Paytm, PhonePe etc? Good for consumers or debt trap?

• CRED has become the first fintech platform to introduce an E-Rupee wallet in collaboration with RBI.
• This move marks a significant milestone in the digital payments space, enhancing financial inclusion and ease of transactions.
• Yes...

• Nandan Nilekani: Startups built on India's digital public infrastructure valued at over $100 Bn
• UPI designed to provide foundation for innovative offerings by homegrown entrepreneurs
• 'Finternet' concept pitched as future of finance...