RBI is investigating whether intermediaries can be completely bypassed, and is also examining the level of decentralization of the technology.

Articles
Bank of India Reserve | RBI | Digital Currency


Anup Roy |
Mumbai


The Reserve Bank of India (RBC) Central Bank Digital Currency (CBCC) may see its first pilot in the first quarter of next fiscal year, the State Bank of India’s Annual Banking and Economy Concelleve said on Wednesday. “I think at least in the first quarter of next year there will be a pilot departure.

So we are bullies to this, ”said P. Vasudeva, general manager of RBI Pay and Settlement Depot. Senior Central Bank officials say work on CBC has been at an advanced stage in the past …

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Originally published Wednesday, November 17, 2021. 15:50 IST

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