Thursday, February 2, 2023
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Digital Currency

Digital currency to further bolster digital economy: RBI

Digital currency will further bolster the digital economy & make payment system more efficient, said RBI Executive Director

India doesn’t need so many public sector banks, says former SBI chief

While observing that public sector banks are not enabled enough, the former SBI chief asserted that wholesale privatisation of PSBs is not the answer either

RBI to implement digital currency in wholesale, retail segments in phased manner: Official

RBI is in the process of implementing the Central Bank Digital Currency (CBDC) in a phased manner for the wholesale & retail segments

Budget 2022: Digital currency proposed to be introduced by RBI from 2022-23

Synopsis: In the budget speech for FY 2022-23, Finance Minister proposed to introduce Digital Rupee, using blockchain and other technologies. The digital currencies will be issued by the Reserve Bank of India (RBI) starting 2022-23.

Govt open to evaluating, exploring cryptocurrencies: Anurag Thakur

Anurag Singh Thakur said that the government is open to evaluating and exploring new technologies, like cryptocurrencies, for improving governance

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