RBI’s Vision: 1 Billion UPI Transactions Daily by Next Year

Shaktikanta Das, the Governor of the Reserve Bank of India, highlighted the unavoidable shift to digital currency at a G30 seminar. He focused on central bank digital currencies (CBDCs) for international payments and stressed the need for countries to work together to make money transfers more efficient and secure while considering the risks that come with CBDCs.

By Avi G

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