State bank Of India(SBI), ICICI Bank, IDFC First Bank, HDFC Bank and Yes Bank are among a shortlist of at least five lenders that the Reserve Bank of India (RBI) has roped in to work on the retail pilot project of the central bank digital currency (CBDC).
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The report said, citing people familiar with the matter, that the Reserve Bank of India could add more banks to run the pilot, which is expected to launch soon. “Five banks have been shortlisted to run the pilot along with the help of NPCI (National Payments Corporation of India) and RBI. Some customer and merchant accounts will be chosen to roll out the retail digital rupee pilot soon,”
Sharad Navratri is one of the important Hindu festivals that takes place over nine days…
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
A standing committee for judicial well-being has been formed by the Supreme Court of India…
Donald Trump, United States President selected the Katie Zacharia to become the new White House…
As per reports, the minimum requirement of CRR maintenance in a day by scheduled banks…
On October 9, 2026, an earthquake of magnitude 7.7 hit Panama, causing damage to both…