RBI explores benefits and risks of digital currency: What is e-Rupee and why do we need it
Published on: Saturday 08 October 2022
India, Oct. 9 -- On October 7, 2022, the Reserve Bank Of India released a detailed concept note that puts forward the "objectives, choices, benefits and risks" related to legalising the Central Bank Digital Currency (CBDC). India's digital currency will be referred to as eRs. or digital Rupee. It comes as a critical development in developing a digital version of the Indian currency. While you might come across several rumours or misinformation...
