RBI to launch first pilot of retail digital rupee in 4 cities on Dec 1
The Reserve Bank will launch the first pilot for retail digital rupee (e₹-R) in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, and later expand it to nine more cities in the initial phase. This follows a month after the RBI had started a pilot in the digital rupee – wholesale segment on November 1. The Reserve Bank announces… Continue reading "RBI to launch first pilot of retail digital rupee in 4 cities on Dec 1"