India: Published Concept Note on a Central Bank Digital Currency (CBDC) for India
Description
Published Concept Note on a Central Bank Digital Currency (CBDC) for India
On 7 October 2022, the Reserve Bank of India released a Concept Note on a Central Bank Digital Currency (CBDC) for India. The purpose of the document is to explain the objectives, benefits and risks of introducing a CBDC in India, called “e₹” (digit…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body