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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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:...
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