After much waiting, the Reserve Bank of India (RBI) has finally revealed the day for the experimental launch of the Digital Rupee. The Indian digital rupee's first phase will be launched by nine large banks, according to the central bank.
As per reports, on the 1st of November 2022, the RBI will start releasing the Digital Rupee (e-W). However, for transactions involving government securities, this will be the digital rupee's wholesale market.
