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Limited benefit and tech gaps delay CBDC takeoff
Business Standard
|October 13, 2025
With commercial banks still in the process of developing technology to trade through Central Bank Digital Currency (CBDC), it may take two to three years for large-scale adoption of the digital rupee, according to a senior official from Clearing Corporation of India (CCIL).
In addition, trading via CBDC has limited benefits.
CCIL facilitates the settlement of secondary market transactions in government securities and call money market transactions, using the digital rupee. This includes both outright purchases and repurchase agreements (repos). According to the official, while trading in CBDC, the settlement takes place transaction by transaction, while the net settlement takes place at the end of the day.
“There are no additional benefits for banks and market participants to use CBDC... Moreover, banks have yet to develop the system to operate via CBDC,” the official said.
यह कहानी Business Standard के October 13, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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