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Central bank digital currency pilot launch by Q1 next year: RBI official
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cnbctv18.comThe Reserve Bank of India is set to launch the pilot for its proposed Central Bank Digital Currency or CDBC by the first quarter of next year, a senior RBI official told CNBC-TV18 during a panel discussion at State Bank of India’s annual Banking & Economic Conclave on Wednesday,When asked how soon India could have its CBDC, P Vasudevan, the Chief General Manager of RBI’s Department of Payment and Settlement, said, “I think somewhere it was said that at least by the first quarter of next year a pilot could be launched.” “We are on the job and we are looking into the various nuances related to the CBDC.
It’s not a simple thing to just say that CBDC can be a habit from tomorrow…We have to be very cautious, and see whether it should be as a
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