India's Own Digital Currency to be Introduced in Phased Manner, RBI Forms Innovation Hub - News18


5/27/2022 12:00:00 AM2 years 11 months ago
by Business Desk

The Reserve Bank has been exploring the pros and cons of introduction of CBDC in India, the central bank said. A CBDC is the legal tender issued by a central bank in a digital form.

The Reserve Bank of India in its annual report released on Friday, may 27, said it was going to take the path of a graded approach towards the introduction of the Central Bank Digital Currency. It sa… [+2912 chars]

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