Focusing on enabling UPI, e-rupee interoperability, says RBI deputy guv

The Reserve Bank of India is focusing on enabling interoperability of the United Payments Interface with the central bank's digital currency or e-rupee, deputy governor Rabi Sankar said

T Rabi Sankar
T Rabi Sankar, deputy governor, Reserve Bank of India (RBI)
Reuters MUMBAI
1 min read Last Updated : Sep 14 2023 | 3:48 PM IST

MUMBAI (Reuters) - The Reserve Bank of India is focusing on enabling interoperability of the United Payments Interface with the central bank's digital currency or e-rupee, deputy governor Rabi Sankar told reporters on Thursday.

The country was on track to achieve 1 million retail e-rupee transactions per day, Sankar added.

 

(Reporting by Siddhi Nayak, Writing by Swati Bhat; Editing by Sudipto Ganguly)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :RBIUPIFintech

First Published: Sep 14 2023 | 3:48 PM IST

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