Home Currency Cash, digital payments to coexist as CBDC adoption lags: SBI report
Currency

Cash, digital payments to coexist as CBDC adoption lags: SBI report

Share


Notably, India has launched Central Bank Digital Currency (CBDC) but the e-Rupee circulation is at a very small amount of Rs 1,016 crore till March 2025, and there is a need for further efforts in awareness, usability, and strategic partnerships with fintech applications are essential to boost their usage, said the report.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Syria Posts First Budget Surplus in Decades as Officials Push Fiscal Reset

[DAMASCUS] Syria has recorded a surplus in its state budget for the first time in 35 years, with the government saying the 2025...

Top 50 Investment Bankers in India Leading Fintech Investments

India’s fintech sector is witnessing unprecedented growth, driven by digital innovation, financial inclusion, and evolving consumer demands. Behind this transformation are leading investment...

Related Articles

Pound To Rupee Forecast: GBP/INR Near 129 As Oil Prices Pressure INR

The Pound to Rupee (GBP/INR) exchange rate traded close to 129.18 on...

Since the Israel-Hamas war began, no new cash has entered Gaza : Planet Money : NPR

Israel has been blocking the flow of physical money into Gaza since...

Euro rises as Trump delays Iran strike, USD weakens

The Euro advances late in the North American session, up by 0.26%...