E-Rupee for Retail to Be Soon Piloted by 5 More Banks in 9 More Cities

Five more banks will join the pilot on the central bank digital currency or e-rupee for retail customers and the project will be extended to nine additional cities, the Reserve Bank said on Wednesday. The Reserve Bank of India, which began piloting the central bank digital currency or e-rupee for retail customers in early December with eight banks in five cities, stre...