Everything now: How digital rupee can change payments, funds settlement


Pratik Bhakta

192 reads

Pratik Bhakta

192 reads

By testing Central Bank Digital Currency in a select category, RBI is preparing the stage for the economy’s deeper digitisation. It’s baby steps. Eventually, though, how money moves in the entire financial system may change. That brings fintechs into play like never before

November 03, 2022


The future of money — what new forms it can take — has always been a complicated discussion in India and even globally. Look at crypto that has regulators almost everywhere split over its legal status and uses.

That said, governments and central banks realise if they don’t embrace the coming tide of tech-led disruptions in the financial world, they may be left behind. So, they have floated the idea of a state-backed virtual version of their fiat currency.

This includes the ever-guarded RBI, which has finally taken a leap of faith after weighing the option for more than a year. The first round of trials of the digital rupee, or the Central Bank Digital Currency, has begun in a select category of technical transactions this week.

Read this article for free

Sign in using


Sign in using your email

Don't have an account?

Forgot Password?

By signing up for The CapTable you agree to the

Terms of Service


Privacy Policy

of the platform.

Smart Information, Better Decisions

We report on the latest and most important developments in India’s biggest tech companies and disruptive startups so you can make better decisions.

Inside View with Org Charts

Know the key decision-makers with Org Charts. We thrive on decoding boardroom conversations so we can bring you a 360° view of what's happening at India's high-growth companies.

Seasoned Team

Tracking the highs and lows of India’s biggest internet companies over the past decade has given us access to the right decision-makers to interpret the latest state of play.

Inside View

We thrive on inside scoops and decoding boardroom conversations so we can bring you a 360° view of what’s happening at India’s high-growth companies.

For subscribers only

Premium Reads


View More >>

Deeply reported and objective news on the country´s fastest-growing companies and the people behind them.