By Siddhi Nayak
MUMBAI (Reuters) – Transactions in the Indian digital rupee are averaging close to 18,000 a day, a source directly familiar with the matter said on Thursday, well below the target of hitting a million transactions a day by year-end.
The source declined to be identified as he is not authorised to speak to the media.
The central bank last year began pilot programmes to use the e-rupee in retail and wholesale markets as an alternative to cash.
The RBI did not immediately respond to Reuters’ email.
(Reporting by Siddhi Nayak; Editing by Sonia Cheema)