Search For "retail digital rupee"
RBI's retail pilot of the digital rupee goes live in India's 4 metro citie
Updated : 2 years, 11 months ago IST
New Delhi [India], April 7 (ANI/PNN): As expected, the pilot for the retail digital rupee was launched in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, 2022. The retail digital rupee project started in a closed user group with the participation of four leading lenders, includin
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Reliance Retail, Innoviti Technologies, ICICI Bank & Kotak Mahindra Ba
Updated : 3 years, 1 month ago IST
Bengaluru (Karnataka) [India], February 3 (ANI/PRNewswire): Innoviti Technologies in collaboration with Reliance Retail, ICICI Bank and Kotak Mahindra Bank, on Thursday announced the launch of in-store acceptance of retail payments via Digital Rupee - Retail [eRs-R]. After being the first to
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RBI launches retail digital rupee on pilot basis
Updated : 3 years, 3 months ago IST
The digital rupee would offer features of physical cash like trust, safety and settlement finality.
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RBI to launch retail digital rupee on Thursday on pilot basis
Updated : 3 years, 3 months ago IST
According to a statement from RBI, the pilot would cover select locations in closed user group (CUG) comprising participating customers and merchants. The eRs-R would be in the form of a digital token that represents legal tender.
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