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India's Central Bank Launches Wholesale CBDC Pilot For Inter-Bank Borrowing

The Reserve Bank of India has initiated a wholesale Central Bank Digital Currency (CBDC) pilot program for inter-bank borrowing. The central bank had earlier announced its plans to test the wholesale CBDC, with the pilot...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

India's Central Bank Launches Wholesale CBDC Pilot For Inter-Bank Borrowing
The Reserve Bank of India has initiated a wholesale Central Bank Digital Currency (CBDC) pilot program for inter-bank borrowing. 
The central bank had earlier announced its plans to test the wholesale CBDC, with the pilot now underway as of October. RBI’s executive director Ajay Kumar Choudhary said:...
Read More: India's Central Bank Launches Wholesale CBDC Pilot For Inter-Bank Borrowing

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