Inaugural address by Shaktikanta Das, Governor, Reserve Bank of India at the RBI@90 Global Conference on “Digital Public Infrastructure and Emerging Technologies”, August 26, 2024, Bengaluru.
In his address, the Governor said there should not be "any rush to roll out system-wide CBDC before one acquires a comprehensive understanding of its impact on users, on monetary policy, on the financial system and on the economy."
Such understanding would emerge from "generation of user data in pilots. Actual introduction of CBDC can be phased in gradually. Undoubtedly, CBDC has the potential to underpin the payment systems of future, both for domestic payments and also cross-border payments."