CBDC is future of money; no competition with UPI: RBI Governor
Shaktikanta Das says CBDC is interoperable -- with the same QR code, one can make UPI payments or CBDC payments
Shaktikanta Das says CBDC is interoperable -- with the same QR code, one can make UPI payments or CBDC payments
"Empirical data we are generating to go a long way in shaping policies and future course of action," says RBI Governor Shaktikanta Das
e₹-R is a digital token that has real value like rupee notes or coins. CBDC will make transactions and currency exchange smoother, and it’ll boost financial inclusion. An explainer.