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Pilot launch of RBI digital currency set for Q1 of FY23: Senior official

RBI is checking if intermediaries can be bypassed totally, and is also exploring the level of centralisation or decentralisation of the technology

Topics
Reserve Bank of India | RBI | digital currency

Anup Roy  |  Mumbai 



RBI, Reserve Bank of India
Photo: Shutterstock

Reserve Bank of India’s (RBI) central bank (CBDC) may see its first pilot launch in the first quarter of the next fiscal, said a senior central bank official at the State Bank of India’s annual Banking & Economic Conclave on Wednesday.

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First Published: Wed, November 17 2021. 15:50 IST


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