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RBI says it would expand e-Rupee pilot to include more banks, locations in FY24

In its annual report, the central bank said: "During 2023-24, the RBI aims at expanding the ongoing pilots in CBDC-Retail and CBDC-Wholesale by incorporating various use cases and features." 

Digital Re pilot to be expanded to other banks, locations

The retail e-Rupee has been launched in denominations of 50 paise, 1, 2, 5, 10, 20, 50, 100, 200, 500 and 2000, while wholesale e-Rupee does not envisage any denomination, the annual report said.

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