RBI may try use of CBDCs in CPs, CDs on pilot basis: Shaktikanta Das
Mon, May 6, 2024 6:18 PM

RBI may try use of CBDCs in CPs, CDs on pilot basis: Shaktikanta Das

A Flip by Riya Sharma
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The Reserve Bank of India (RBI) Governor Shaktikanta Das on May 6 said the central bank may try usage of Central Bank Digital Currency (CBDC) in commercial papers and certificates of deposits going forward on a pilot basis."Going forward, other instruments like commercial papers and certificates of deposits will be tried out in the pilots along with securities tokenisation features."

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