Banks in India are set to establish a common website to promote digital currency transactions and increase awareness of its adoption. The Reserve Bank of India has requested lenders to explore creating a platform to onboard customers and promote e-rupee. The proposed website is expected to have around 500,000 hits per month, potentially doubling by the end of the first year of operations. The website may be set up through the Indian Banks’ Association (IBA).
“As per initial estimates, the website is expected to have around 500,000 hits per month, which may double by the end of the first year of operations,” said a bank executive.
