RBI’s concept note on introducing CBDCs

News Today 17.10.2022

Earlier in October, the Reserve Bank of India (RBI) floated a concept note enumerating the objectives, choices, benefits and risks of issuing Central Bank Digital Currencies (CBDC), or e₹ (digital rupee) in India. The Central Government in March notified the necessary amendments in the Reserve Bank of India Act, 1934, paving the way for running a pilot programme and the subsequent issuance of CBDCs. (Read More)

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