India’s digital rupee has witnessed substantial growth since its pilot launch in late 2022. By March 2025, the retail value soared to Rs 1,016.5 crore, a 180-fold increase from March 2023, driven by high-value denominations like Rs 500 notes. This surge indicates growing acceptance for larger retail and merchant transactions, supporting India’s goals of modernizing payments and reducing cash reliance.
Bandhan Bank Q4 business update: Advances rise to Rs 1.54 lakh crore, deposits up 10%
Bandhan Bank reported a 12.6% YoY rise in advances to Rs 1.54 lakh crore and 10% growth in total deposits for Q4 FY26. Retail deposits