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RBI to explore CBDC pilot in cross-border transactions

Posted on May 29, 2026
By Business News Today
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1 min read

RBI to explore CBDC pilot in cross-border transactions

The Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail space in the current fiscal year. Additionally, the RBI is exploring the use of CBDC in cross-border transactions, signing MoUs and engaging in bilateral discussions for pilot projects.