While UPI is good, with the complete roll-out of CBDC, customers will at least have a choice, said RBI’s Deputy Governor T Rabi Sankar.

Central bank digital currency (CBDC), an RBI initiative, can help state governments bring the unbanked under the formal ...

India's dilemma has been around. But the most populous country on Earth has all to lose, and the central bank's position ...

Sankar is currently overseeing the key portfolios of the FinTech Department, the Financial Markets Operations Department, and ...

India's fintech sector - riding on explosive growth with 13,500 companies – has an adoption rate of 87%, which far surpasses ...

The Digital Rupee, officially known as Central Bank Digital Currency (CBDC), is a digital version of India’s physical ...

The problem is that for a CBDC to reach its financial inclusion potential for women, the right ecosystem needs to be in place, women consumers need to have adequate financial capability, and a ...

and the Financial Markets Regulation Department at the Reserve Bank of India (RBI). Sankar has played a pivotal role in the launch of the Central Bank Digital Currency (CBDC). This reappointment ...