Guv – FULLY4WORLD

India’s own digital currency coming soon, RBI deputy Guv says ‘calibrated approach needed’

November 14, 2022 by fully4world

[ad_1] RBI Deputy Governor T. Rabi Sankar said a “careful” and “calibrated” approach is required for India’s first central bank digital currency, or CBDC. Senior RBI official He said that this is necessary because the new currency will have different effects on the economy and monetary policy. RBI has plans to come up with its … Read more

Deputy RBI Guv T Rabi Sankar

November 12, 2022 by fully4world

[ad_1] New Delhi: The Central Bank Digital Currency (CBDC), which will be launched this year, can become a tool to reduce the time and cost of cross-border transactions, Deputy Central Bank Governor T Rabi Sankar said on Wednesday. The Reserve Bank of India has proposed launching it on a trial basis this year, as announced … Read more