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'eRupee to take 4-5 years for gaining popularity among common people'

Retrieved on: 2024-03-19 14:32:02

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'eRupee to take 4-5 years for gaining popularity among common people'. View article details on HISWAI: https://www.newindianexpress.com/business/2024/Mar/19/erupee-to-take-4-5-years-for-gaining-popularity-among-common-people

Summary

The article discusses India's cautious approach to implementing its Central Bank Digital Currency (CBDC), the eRupee, amidst existing efficient payment systems like UPI and concerns over cryptocurrencies. It mentions RBI's pilot and differing banking official views on CBDC relevance.

Article found on: www.newindianexpress.com

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