mobanmarketThe Reserve Bank of India (RBI) on Thursday that it is looking at the possibility of introducing a ‘central bank digital currency’.
Click Here: Golf special
Briefing the media at the end of the two-day meeting of Monetary Policy Committee(MPC) of the RBI, Deputy Governor B P Kanungo said, “While many central banks are still engaged in the debate, an inter-departmental group has been constituted by the Reserve Bank to study and provide guidance on the desirability and feasibility to introduce a central bank digital currency.”
The report will be submitted by end-June 2018, he added.