CBDC to cut transaction costs, risks: RBI Dy Guv Rabi Sankar

CBDC to cut transaction costs, risks: RBI Dy Guv Rabi Sankar https://ifttt.com/images/no_image_card.png"Why is the average cost of transaction for retail 6%? It is not (because of) technology, technology can be made", said Rabi Sankar, at the Global Fintech Festival. "It's a question of consensus that has to arise globally and a commitment that has to come up on changing these systems (among central banks)."