Digital Rupee: ‘We See Clear Advantages in a Central Bank Driven Digital Currency’, Finance Minister

Author : desertsafari
Publish Date : 2022-03-08 00:00:00


Digital Rupee: ‘We See Clear Advantages in a Central Bank Driven Digital Currency’, Finance Minister

Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.

Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call taken in consultation with the central bank- the Reserve Bank of India....we would like them to design it the way they would like to do it, but this year we expect the currency to come out from the central bank itself," Sitharaman said in response to a question on Digital Rupee. "We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all better enabled with digital currency," she said.Union Finance Minister Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the Reserve Bank of India (RBI) and the government sees clear advantages in a central bank driven digital currency. The Minister was speaking at the India Global Forum's annual summit here. "It was a conscious call t



Category :travel

Stock Exchange Snooping: Mumbai Police Ex Chief Sanjay Pandey Arrested

Stock Exchange Snooping: Mumbai Police Ex Chief Sanjay Pandey Arrested

- National Stock Exchanges former chief executive officer Chitra Ramkrishna has already been arrested, last week


Sonam Kapoor Shares A Mushy Picture With Her Husband Anand Ahuja. Calls Him "My Baby"

Sonam Kapoor Shares A Mushy Picture With Her Husband Anand Ahuja. Calls Him "My Baby"

- never fails to impress her Instagram family with her scintillating posts. The mom-to-be has recently shared an adorable


Madhya Pradesh Woman Brutally Thrashed By Husband, In-Laws: Cops

Madhya Pradesh Woman Brutally Thrashed By Husband, In-Laws: Cops

- In the video, the woman is seen crying with her head soaked in blood. The woman had separated from her husband and


Karnataka Man Gets 10 Years In Jail For Raping, Impregnating Minor Girl

Karnataka Man Gets 10 Years In Jail For Raping, Impregnating Minor Girl

- The charge sheet stated that the man, Vamana Poojari, had raped and threatened the 16-year-old girl while she was alone



Category