Digital rupee a game changer, says SBI Chairman Dinesh Khara

The pilot project for retail digital rupee, RBI's central bank digital currency (CBDC) started in Mumbai, New Delhi, Bengaluru and Bhubaneswar on Thursday and State Bank of India (SBI) is one of the participating banks.

RBI launches retail digital rupee in four cities; Here's all you need to know

The retail digital rupee (e <span class='webrupee'>₹</span>-R) project has started in a closed user group with the participation of four lenders -- State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank -- as well as customers and merchants.

India's digital rupee fails to excite interest, bankers say

<ul><li>In the initial trial, banks have been using it for settlements with each other - with no particular advantage, according to bankers.</li></ul>

Digital Rupee: How to use and what are the benefits?

The digital rupee will serve as a digital copy of the current legal money in use and will be issued in the same denomination as legal money, unlike cryptocurrencies. Read further to explore the advantages of digital currency.

What is digital rupee that RBI is launching on Dec 1? MintGenie explains

The RBI's digital rupee, which is all set to be launched for retail users on December 1, is an exchangeable unit at par with the fiat currency and is described as being equivalent to a sovereign currency. Continue reading to understand its working and other details.

Digital rupee: List of cities and banks where the pilot project will be launched

Starting from December 1, the initial phase of the retail digital rupee pilot project will focus on specific cities and banks. Here's the list:

RBI to launch pilot of retail digital rupee on December 1

<ul><li>On November 1, the RBI had launched the first pilot in the digital rupee - wholesale segment.</li></ul>

RBI to launch first pilot of Digital Rupee on Tuesday; all you need to know

RBI also announced that the first pilot in Digital Rupee - Retail segment is planned for launch within a month in select locations in closed user groups comprising customers and merchants.

Digital rupee: The promises it offers

Next fiscal, India intends to roll out its own digital currency. Read further to know more about the reasons for the digital rupee's favouritism.

Digital rupee & cryptocurrencies: What are the key differences?

The much-awaited announcement came on February 1 when Finance Minister Nirmala Sitharaman declared to launch Central Bank Digital Currency. Let us explore how it will be different from the vanilla cryptocurrencies such as bitcoin and ethereum

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Digital rupee a game changer, says SBI Chairman Dinesh Khara

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