The Reserve Bank of India plans to begin testing its CBDC on November 1, with nine banks participating, and a retail version by the end of November (Amitoj Singh/CoinDesk)

The Reserve Bank of India plans to begin testing its CBDC on November 1, with nine banks participating, and a retail version by the end of November (Amitoj Singh/CoinDesk)

Amitoj Singh / CoinDesk:
The Reserve Bank of India plans to begin testing its CBDC on November 1, with nine banks participating, and a retail version by the end of November  —  A pilot for a retail version will start within a month.  —  India’s central bank will introduce a pilot wholesale central bank digital currency …