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RBI Expands Digital Rupee Pilot to 20 Banks; Wholesale Segment Goes Live

Reserve Bank of India
AI Summary

The RBI expanded the Central Bank Digital Currency pilot to 20 banks from the initial 4, covering wholesale and retail segments. The digital rupee wholesale variant is now live for inter-bank settlements, with transactions settling in 2 seconds. The RBI plans a pan-India rollout by December 2026. Source: Reserve Bank of India.

Generated by Straico · Source: Reserve Bank of India