Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Thursday said the central bank digital currency (CBDC) QR codes would be made interoperable with Unified Payments Interface (UPI) mechanism.
Addressing a press conference after the monetary policy statement on Thursday, Sankar said the central bank's aim was to have 1 million customers by the end of June for CBDC. "The plan is to have 1 million customers by the end of June. The second thing that we are planning is to make its QR code interoperable with UPI," Sankar said.
This story is from the June 09, 2023 edition of Business Standard.
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This story is from the June 09, 2023 edition of Business Standard.
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