File photo of Union Finance Minister Nirmala Sitharama | Photo Credit: PTI Digital or e-rupee worth over ₹130 crore is in circulation on a pilot basis as of February 28, finance minister Nirmala Sitharaman said on March 13. The Reserve Bank of India (RBI) had launched pilots in digital rupee in the wholesale segment (e₹-W) […]
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For representative purposes only | Photo Credit: Getty Images The story so far: RBI Governor Shaktikanta Das had stated during the last Monetary Policy Committee (MPC) address that the apex banking regulator, in collaboration with banks, would be launching a pilot project to assess the functioning of a QR-code based coin vending machine. What is […]
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Image for representation purpose only. | Photo Credit: Getty Images The Reserve Bank of India (RBI) on November 29 announced that the first pilot for the retail version of the digital Rupee (e₹-R) would be introduced on December 1, 2022. It may be recalled that the RBI had on October 31 indicated that the pilot in […]
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“As the extent and scope of such pilot launches expand, RBI will continue to communicate about the specific features and benefits of e-rupee, from time to time” “As the extent and scope of such pilot launches expand, RBI will continue to communicate about the specific features and benefits of e-rupee, from time to time” The […]
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