What is CBDC, RBI's Digital currency in India? - The Indian Express

8/22/2022 12:00:00 AM2 years 8 months ago
by Explained Desk
by Explained Desk
Finance Minister Nirmala Sitharaman said in her budget speech this year that RBI would launch the CBDC in the financial year 2022-23.
Reports on Monday (August 22) said the Reserve Bank of India’s (RBI) digital rupee the Central Bank Digital Currency (CBDC) may be introduced in phases beginning with wholesale businesses in the curr… [+2935 chars]
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