RBI says offline e-rupee transactions to be available soon: What it means for users

The Reserve Bank of India (RBI) launched a pilot of the retail CBDC in December 2022, and achieved the target of having 10 lakh transactions a day in December 2023. Now, RBI has said that Digital rupee users will soon be able to execute transactions in areas with limited internet connectivity. RBI governor Shaktikanta Das has announced that offline capability will be introduced on the Central bank digital currency (CBDC) pilot project. He noted that programmability-based additional use cases will also be introduced as part of the pilot project.

RBI says offline e-rupee transactions to be available soon: What it means for users
The Reserve Bank of India (RBI) launched a pilot of the retail CBDC in December 2022, and achieved the target of having 10 lakh transactions a day in December 2023. Now, RBI has said that Digital rupee users will soon be able to execute transactions in areas with limited internet connectivity. RBI governor Shaktikanta Das has announced that offline capability will be introduced on the Central bank digital currency (CBDC) pilot project. He noted that programmability-based additional use cases will also be introduced as part of the pilot project.