No difference between RBI digital rupee, normal rupee, says Shaktikanta Das
2 years, 10 months ago

No difference between RBI digital rupee, normal rupee, says Shaktikanta Das

India Today  

Reserve Bank of India Governor Shaktikanta Das on Thursday said the proposed digital rupee of the central bank would be launched in the year 2022-23. NO DIFFERENCE BETWEEN DIGITAL RUPEE AND NORMAL RUPEE Providing details, the RBI governor said that there would be no difference between the digital rupee and the normal rupee. In her Union Budget 2022-23 speech on February 1, Finance Minister Nirmala Sitharaman said the Digital Rupee will be introduced by RBI using blockchain technology starting from 2022-23. After the Budget 2022, Prime Minister Narendra Modi said the digital rupee, proposed in the union budget, could be exchanged for cash and would open new opportunities in the fintech sector.

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