Rabi Sankar

Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), according to Deputy Governor T. Rabi Sankar

The Reserve Bank of India (RBI) is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments soon, RBI Deputy Governor T Rabi Sankar said.

The Reserve Bank of India (RBI) is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments in the near future, RBI Deputy Governor T Rabi Sankar said Thursday.

Mr Sankar is likely to succeed B.P. Kanungo who retired last month as the deputy governor in charge of currency management, external investments, operations, payment and settlement system

Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), according to Deputy Governor T. Rabi Sankar

The Reserve Bank of India (RBI) is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments soon, RBI Deputy Governor T Rabi Sankar said.

The Reserve Bank of India (RBI) is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments in the near future, RBI Deputy Governor T Rabi Sankar said Thursday.

Mr Sankar is likely to succeed B.P. Kanungo who retired last month as the deputy governor in charge of currency management, external investments, operations, payment and settlement system