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Readying India For The Future With CBDC

Readying India For The Future With CBDC

BusinessToday.In
BusinessToday.In
  • New Delhi ,
  • Jan 14, 2023,
  • Updated Jan 14, 2023, 8:30 PM IST

 RBI Governor Shaktikanta Das explains the relevance of the CBDC or as we popularly know it – the E-Rupee. Sounding optimistic about the future of digital currency in India, hails the E-Rupee as the future of money, citing fast-paced transactions. The governor also clarifies the difference between CBDC & UPI, says the former is a “currency system” while the latter is a payments system.
 

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