RBI likely to start digital rupee pilot in call money market by October
Sunday, 10 September 2023
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.
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.
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