RBI likely to launch digital rupee pilot for interbank transactions by October: Report

The Reserve Bank of India (RBI) is reportedly gearing up to initiate the pilot phase of its Central Bank Digital Currency (CBDC), specifically for interbank transactions, by October this year, said the Central Bank Executive Director, Ajay Kumar Choudhary during the sidelines of the recent G20 Summit, PTI reported. What the Pilot Project is all […]