Digital Rupee is different from a digital representation of money
Digital rupee, with its unique characteristics of identifiability, programmability and a distributed ledger can unleash a new set of economic possibilities
CBDC to improve resilience, prevent fraud, improve welfare distribution
India’s cash propensity, which is higher than those of the Nordic countries, the UK and Australia. 1
The number of UPI transactions conducted in the year 2021. 2
The approximate amount of money lost by banks to fraud between 2018 and 2020, as per RBI data. 3
Taking a dip in the ocean is not equivalent to taking a dip in the entire ocean.
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