The Journey of Payments and Clearing Systems in India
Finextra
JUNE 11, 2025
Central Bank Digital Currency (CBDC - Digital Rupee): Policy: RBI is actively piloting both wholesale and retail versions of the Digital Rupee (e₹). For instance, CBDC could be programmed for specific uses (e.g., For instance, CBDC could be programmed for specific uses (e.g., This includes offline functionality for CBDC.
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