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India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor

Governor Shaktikanta Das said there should not be in any rush to roll out a system-wide CBDC.

Updated Aug 26, 2024, 6:40 p.m. Published Aug 26, 2024, 10:31 a.m.
Shaktikanta Das, Governor of Reserve Bank of India (second left) and Nirmala Sitharaman, Indian Finance Minister (second right) at the G20 Annual Meetings in October 2022. (Indian Ministry of Finance)
Shaktikanta Das, Governor of Reserve Bank of India (second left) and Nirmala Sitharaman, Indian Finance Minister (second right) at the G20 Annual Meetings in October 2022. (Indian Ministry of Finance)