The Reserve Bank of India (RBI) is aiming to reach one million users of its central bank digital currency, the Digital Rupee, according to T Rabi Shankar, the deputy governor of the RBI. The pilot test for the Digital Rupee is ongoing, and there is no set timeline for when it will be launched nationwide. The RBI plans to gradually introduce the Digital Rupee and focus on internalising learnings from the growing use of central bank digital currencies. The RBI is also planning to make CBDC QR codes interoperable with India's popular Unified Payments Interface (UPI), which enables digital banking transactions.