New Delhi: The Reserve Bank of India's pilot project on retail digital Rupee is a "game changer", said SBI Chairman Dinesh Khara, and added that it will have durable effects which would ensure better monetary transmission at much lesser costs.
"The anonymity factor is critical for its acceptance. It collaborates, complements and completes the currency architecture in vogue, while also incubating further innovation," Khara said in a statement. The RBI on Thursday announced the launch of a digital rupee retail pilot for a closed user group.
