According to Moneycontrol, India's central bank, the Reserve Bank of India (RBI), has reportedly asked four banks to pilot its central bank digital currency (CBDC) before its public launch. RBI is also reportedly consulting with several fintech companies on the digital rupee. The U.S.-based firm FIS advises central banks on CBDC issues, such as offline and programmable payments, financial inclusion, and cross-border CBDC payments.