What is RBI Digital currency in circulation from 1st November 2022?

The Reserve Bank of India (RBI) will launch first pilot of Digital Rupee for the wholesale segment on November 1, 2022 (Tuesday), a statement said on Monday. The Reserve Bank of India (RBI) announced on Monday that from November 1, 2022, it will begin pilot launches of the Digital Rupee (eâ1) for specific use cases. According to the notification, the first Digital Rupee pilot will be in the Wholesale segment (eâ1-W) and will begin on Tuesday. 9 banks identified for participation in digital rupee’s wholesale pilot The nine banks are…

Read More