RBI to start digital rupee soon on pilot basis for specific use cases
The RBI concept note says the e-rupee will boost India's digital economy, improve financial inclusion and more.
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The RBI concept note says the e-rupee will boost India's digital economy, improve financial inclusion and more.
The central bank will commence pilot launches of e-rupee for specific use cases
The Reserve Bank of India (RBI) on Friday issued a concept note on digital currency. �� RBI Issues Concept Note on Digital Currency To Create Awareness.
The Reserve Bank will soon commence pilot launches of e₹ for specific use cases. As the extent and scope of such pilot launches expand, RBI will continue to communicate about the specific features and benefits of e₹, from time to time
The banking regulator hasn’t given a specific timeline for the launch, but has revealed design choices, use cases and issuance mechanism for the Indian CBDC.