RBI to launch pilot project of E-Rupee for retail in 4 cities from tomorrow| Oneindia News*Explainer
Video Credit: Oneindia - Duration: 04:32s - Published
RBI to launch pilot project of E-Rupee for retail in 4 cities from tomorrow| Oneindia News*Explainer
In a significant move, RBI has finally announced the launch of India’s much-awaited CBDC i.e Central Bank Digital Currency , which is a sort of official cryptocurrency… for retail users from December 1.
This wouldn’t be a full scale launch of the CBDC.
This would just be a pilot project with participation from a few banks..in just a few locations.
The idea of launching a pilot project in a select few cities is to test the waters…before embarking on a pan-India operation.
The pilot will test the robustness of the entire process of digital rupee creation, distribution and retail usage in real time.
In this video, we decode all about this pilot project and the CBDC in itself.
But before that, don’t forget to like, share and subscribe to Oneindia.
Greetings and welcome to the latest edition of International News Wrap, your premier destination for global updates, brought to you exclusively by OneIndia. In today's segment, we present a diverse array of stories ranging from President Biden's imminent signing of the Ukraine aid package to Israel's preparations for civilian evacuation in Rafah. Join us as we delve into the day's most significant international developments, ensuring you stay abreast of the latest events unfolding worldwide.
#Biden #UkraineAid #BipartisanAchievement #Israel #RafahEvacuation #PalestinianRefugees #UkraineRussiaConflict #Drones #CorruptionCase #IranSanctions
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Hezbollah launched drone attacks on Israeli bases near Acre in retaliation for the killing of one of its fighters, marking a significant escalation in the conflict. The Israeli military denied any strikes on its facilities. Later, Israeli air raids in southern Lebanon killed civilians, prompting Hezbollah to fire rockets at northern Israel.
#israelhezbollahwar #israelhezbollahnews #israelhezbollahlive #israelhezbollahtoday #israelhezbollahfight #israelhezbollahlatestnews #israelhezbollahwarlatest #israelhezbollahlatest #Oneinda #Oneindia news
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Former Japanese Prime Minister Taro Aso met with ex-President Donald Trump at Trump Tower, emphasizing the enduring significance of the US-Japan alliance amid Indo-Pacific security challenges. Trump praised Japan's defense efforts. These diplomatic exchanges coincide with Trump's legal proceedings and his active engagement with other global leaders.
#DonaldTrump #donaldtrumplatestnews #donaldtrumpnews #donaldtrump2024 #TaroAso #JapanUS #ShinzoAbe #Worldnews #news #Oneinda #Oneindia news
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Russian Deputy Defense Minister Timur Ivanov, implicated in a bribery case, was arrested amid the Ukraine conflict's third year. Sanctioned by the US and EU for Russia's actions, Ivanov faces allegations of accepting a significant bribe. The arrest underscores corruption concerns within Russia's defense establishment, with Ivanov's oversight of critical areas like property management and construction adding gravity to the situation.
#TimurIvanov #US #EU #Ukrainewar #Ukraineconflict #RussiaUkraine #Ukraineconflict #Worldnews #news #Oneinda #Oneindia news
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US State Department warns businesses of potential sanctions risks regarding deals with Iran following Iran's engagement with Pakistan. Recent US sanctions target entities aiding Pakistan's ballistic missile program, including Chinese companies. The Pentagon reaffirms positive relations with Pakistan, emphasizing its importance as a regional security partner.
#Biden #JoeBiden #VedantPatel #USSanctions #Sanctionlist #Pakistannews #Irannews #Worldnews #news #Oneinda #Oneindia news
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