India's Central Bank Cautious on Full CBDC Rollout

India's Central Bank Cautious on Full CBDC Rollout

India’s Central Bank Adopts Cautious Approach to CBDC Rollout The Reserve Bank of India (RBI) has adopted a deliberate stance on the nationwide rollout of its central bank digital currency (CBDC), the e-rupee, emphasizing the need to fully understand its broader implications before expanding its use. Speaking at a conference in Cebu, Philippines, RBI Deputy Governor T. Rabi Sankar highlighted the transformative potential of CBDCs in areas ...

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