‘RBI focusing on new use cases for e-rupee’

The Reserve Bank of India (RBI) is in no rush to open up the pilots for the central bank digital currency (CBDC) to the masses and is, instead, focusing on adding more use cases to the e-rupee with a focus on cross-border transactions, T. Rabi Sankar, deputy governor of the central bank, said on Tuesday.

- Anshika Kayastha [e-mail]

“Right now, we are focus-sing on creating sufficient use cases, particularly programmable ones. The area we are focusing on is that a user, who doesn't need to understand any technology, should be able to attach a program to the CBDC and then use it,” Sankar said on the sidelines of the Global Fintech Fest 2025.

The central bank is working on several such use cases that are in various stages of development and some which have already been tried out, he said.