Mumbai: Reserve Bank of India Governor Shaktikanta Das said CBDC is going to be a major transformation of the way business is done -- the way transactions are conducted and highlighted that RBI is among the very few central banks in the world which have taken this initiative.
While addressing FIBAC on Wednesday, Governor Shaktikanta Das said, "Yesterday, we launched the trial of our digital currency, Central Bank Digital Currency (CBDC) project. It was indeed a landmark moment in the history of currency in our country. Going forward, it will be a landmark moment. It will be a landmark achievement so far as the functioning of the entire economy is concerned."
