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    HomeNewsOpinionDigital Rupee | Will people still deposit money in commercial banks?

    Digital Rupee | Will people still deposit money in commercial banks?

    While the consequences of CBDCs on cryptocurrencies like Bitcoin and Ethereum are attracting widespread attention, it is the possible repercussions of CBDCs on the commercial banking system that could be far more disruptive

    Sashi Sivramkrishna
    February 22, 2022 / 12:06 IST
    Digital Rupee | In Budget 2022, the Union government introduced Central Bank Digital Currency (CBDC) which will give a big boost to digital economy. It is proposed to introduce Digital Rupee based on blockchain and other technologies, and will be issue by the Reserve Bank of India starting this year. (Image: Shutterstock)
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