Future of Money | G30 Annual International Banking Seminar | RBI Governor Shaktikanta Das on Future of Money
In this insightful talk at the G30 Annual International Banking Seminar, Reserve Bank of India (RBI) Governor Shaktikanta Das shares his vision for the future of money and the growing role of digital currencies. Emphasizing the inevitable shift towards Central Bank Digital Currencies (CBDCs), he outlines how digital currencies are poised to transform cross-border transactions by reducing intermediaries and cutting down transaction costs. Governor Das calls for multilateral cooperation to unlock the potential of CBDCs for global trade and finance, highlighting how digital currency can drive efficiency and transparency in international payments. Watch!
#rbi #digitalrupee #upi #crossbordertrade #futureofmoney
00:39 - THE FUTURE OF MONEY
01:15 - UPI PAYMENT SYSTEM IN INDIA
02:09 - UPI FOR CROSS BORDER PAYMENTS
03:07 - OFFLINE UPI PAYMENTS
04:04 - INDIA'S CBDC STATUS
05:13 - NEED FOR CBDC OR DIGITAL RUPEE
06:59 - FEATURES OF CBDC
09:21 - WAY FORWARD FOR CBDC
10:43 - RISKS ASSOCIATED WITH CBDC
12:00 - CONCLUSION
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