HDFC Bank signs up over 100,000 customers in digital rupee pilots
India's largest private lender HDFC Bank on Thursday said it has signed up over 100,000 customers and 170,000 merchants in pilot programmes using the central bank digital currency (CBDC).
The lender also linked the CBDC, termed e-rupee, and UPI for merchants and customers, which would enable payments through both CBDC and UPI using a single QR code, HDFC Bank said in a statement. Pic: Reuters