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The Reserve Bank of India plans to launch a retail pilot for its CBDC on December 1, after testing with nine banks since November 1 (Swati Bhat/Reuters)

Photo of Grace Will Grace Will November 29, 2022
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The Reserve Bank of India plans to launch a retail pilot for its CBDC on December 1, after testing with nine banks since November 1 (Swati Bhat/Reuters)
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Swati Bhat / Reuters:

The Reserve Bank of India plans to launch a retail pilot for its CBDC on December 1, after testing with nine banks since November 1  —  The Reserve Bank of India’s first pilot for a retail e-rupee, its version of the central bank digital currency (CBDC), will be launched on Dec. 1, it said in a statement on Tuesday.



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