Business Standard

Thursday, December 19, 2024 | 11:27 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

E-rupee worth over Rs 130 crore in circulation: FM Nirmala Sitharaman

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

e-rupee, digital currency
Premium

Press Trust of India

Listen to This Article

E-rupee worth over Rs 130 crore in circulation: Sitharaman New Delhi, Mar 13 (PTI) Digital or e-rupee worth over Rs 130 crore is in circulation on a pilot basis as of February 28, finance minister Nirmala Sitharaman said on Monday.
 
The Reserve Bank of India (RBI) had launched pilots in digital rupee in the wholesale segment (e?-W) on November 1, 2022 and in the retail segment (e?-R) on December 1, 2022.
 
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

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in