RBI may start e-rupee pilot in call money market by October

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The RBI is likely to launch the pilot of central bank digital currency (CBDC) for transactions for interbank borrowing or call money market by October, the regulator’s executive director Ajay Kumar Choudhary said on Sunday on the sidelines of the G20 Leaders’ Summit in Delhi.

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RBI may start e-rupee pilot in call money market by October

The RBI is likely to launch the pilot of central bank digital currency (CBDC) for transactions for interbank borrowing or call money market by October, the regulator’s executive director Ajay Kumar Choudhary said on Sunday on the sidelines of the G20 Leaders’ Summit in Delhi.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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