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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.
Denne historien er fra New Delhi 02December2022-utgaven av Millennium Post Delhi.
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