Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs
CBDC, News, RBI

Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs

The Reserve Bank of India (RBI) is in talks with fintech companies and state-controlled banks on a trial run of a central bank digital currency (CBDC), local publication Moneycontrol reported Sept. 5. An unnamed public sector bank official told the publication that the trial may precede an RBI launch of a CBDC this fiscal year. U.S.-based financial services company FIS…

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