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Gadgets: RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials

Started by dave, October 14, 2024, 07:01:15 PM

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RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials

Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border transactions.

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