x

RBI to soon launch e-rupee on pilot basis for limited use to test digital currency in India

Shortpedia

Content Team
Image Credit: Deccan herald

The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases as it tests digital currency in India. "As the extent and scope of such pilot launches expand, RBI will continue to communicate about the specific features and benefits of e-rupee, from time to time," the central bank said in a concept note on Central Bank Digital Currency (CBDC).