RBI likely to start digital rupee pilot in call money market by October

The wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched in November 2022 for the settlement of secondary market transactions in government securities. The RBI has already rolled out a pilot for the retail version of the CBDC in December 2022, which is distributed through financial intermediaries like banks.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vaPkELF