| Key Information | Details |
|---|---|
| Event | RBI launches retail sandbox for Central Bank Digital Currency (CBDC) |
| Date of Sandbox Launch | October 8, 2025 |
| e-Rupee Retail Pilot Start Date | December 1, 2022 |
| Regulatory Authority | Reserve Bank of India (RBI) |
| Total e-Rupee Users | Approx. 7 million |
| Purpose of Sandbox | Allow fintech companies to test retail CBDC solutions |
| CBDC Types | Retail CBDC: For general public transactions |
| Wholesale CBDC: For interbank settlements | |
| Sandbox Features | Fintech Collaboration: Build apps using RBI's CBDC backend |
| Tokenisation Support: Secure digital tokens representing money | |
| Real-Time Testing: Test retail payment models, POS systems, wallets | |
| Wholesale Layer Involvement: Uses wholesale CBDC as backbone for retail testing | |
| Key Figure | Suvendu Pati, Chief General Manager at RBI |
| Technology | Token-Based Systems: Enables fluid, interoperable, and faster transactions |
| Advantages of e-Rupee | Faster, cheaper, and more secure transactions |
| Supports offline wallet modes for transactions without internet connectivity | |
| Collaborating Institutions | Major banks in India |
Contact Counsellor