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India's digital rupee's retail pilot on December 1, says RBI

Shortpedia

Content Team
Image Credit: business today

The Reserve Bank of India (RBI) is all set for the first pilot of the retail version of its Central Bank Digital Currency (CBDC). It will take place on December 1, the central bank said in a statement. The pilot of the wholesale e-Rupee was launched on November 1. In the initial part of the retail pilot, four cities will be included.