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RBI Launches 1st Pilot Project For Retail Digital Rupee In Four Cities
Millennium Post Delhi
|New Delhi 02December2022
NEW DELHI: The Reserve Bank of India (RBI) on Thursday launched the first pilot project for retail digital rupee in Mumbai, New Delhi, Bengaluru and Bhubaneswar.
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The retail digital rupee (e?-R) project has started in a closed user group with the participation of four lenders — State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank — as well as customers and merchants.
The launch comes a month after the Reserve Bank of India (RBI) started a pilot in the digital rupee - wholesale on November 1.
In the second phase of retail digital rupee project, nine more cities and four more banks will be included.
यह कहानी Millennium Post Delhi के New Delhi 02December2022 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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