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CBDC launch to be gradual to avoid disruption in banking, financial system: RBI

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Content Team
Image Credit: Indian Express

Reserve Bank of India Deputy Governor T Rabi Sankar on Wednesday said that it is well-poised to launch its central bank digital currency (CBDC) in the current fiscal, but the launch of the CBDC would be introduced gradually. In its annual report for 2021-22, the central bank had said that the CBDC would be launched in a phased manner


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