E-rupee worth over ₹130 crore in circulation: Sitharaman
1 year, 9 months ago

E-rupee worth over ₹130 crore in circulation: Sitharaman

The Hindu  

Digital or e-rupee worth over ₹130 crore is in circulation on a pilot basis as of February 28, Finance Minister Nirmala Sitharaman said on March 13. Nine banks, viz., State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, have been participating in the digital rupee wholesale pilot, Ms. Sitharaman said. "As on February 28, 2023, the total digital rupee - Retail and digital rupee - wholesale in circulation is Rs 4.14 crore and Rs 126.27 crore, respectively," Ms. Sitharaman said in a written reply in the Lok Sabha. In the approximately three months of the pilot, the total digital rupee - Retail in circulation in the select locations is ₹4.14 crore, the Minister said.

History of this topic

RBI’s Digital Rupee: Google, PhonePe, Amazon Pay, Cred, and Mobikwik To join digital currency pilot project
4 months, 2 weeks ago
Digital Rupee: RBI Aims To Expand Use Cases, Features Of Retail, Wholesale CBDC
1 year, 6 months ago
Digital Rupee: RBI launches expand e-Rupee pilot to include more banks
1 year, 6 months ago
'Net' Gains: Digital Transactions in India in 2022-23 Break All Records
1 year, 10 months ago
Reliance Retail partners Innoviti to enable digital rupee payment in stores
1 year, 10 months ago
Watch: Anand Mahindra buys fruits using e-rupee
1 year, 10 months ago
Anand Mahindra buys fruit using India's digital currency e-rupee, shows how it works in video
1 year, 10 months ago
Explained | Why has the Reserve Bank of India introduced an e-rupee?
2 years ago
RBI to launch Digital Rupee pilot in 4 cities today: Supported banks, and more details
2 years ago
Digital Rupee: Check List Of Banks, Cities That Will Be Part Of CBDC Pilot From December 1
2 years ago
Pilot for retail digital rupee to begin on December 1
2 years ago
RBI to launch retail digital rupee pilot on 1 December
2 years ago
E-rupee for retail users to be launched this month: RBI governor
2 years, 1 month ago
Digital Rupee Pilot: Day 1 Sees Rs 275-Crore Trade In 48 G-Sec Transactions, Details Here
2 years, 1 month ago
RBI to launch India’s first digital rupee project: What is a CBDC and how will it work?
2 years, 1 month ago
RBI Digital Rupee pilot for wholesale segment from November 1
2 years, 1 month ago
Digital Rupee: RBI To Begin First Pilot In Wholesale Segment on Tuesday
2 years, 1 month ago
India’s RBI to soon commence pilot project of digital rupee
2 years, 2 months ago
RBI says e-rupee will bolster India's digital economy, pilot launch soon
2 years, 2 months ago
Sanjeev Ahluwalia | Will digital rupee take India higher, faster?
2 years, 10 months ago
RBI to issue Digital Rupee in FY23: Sitharaman
2 years, 10 months ago

Discover Related