RBI’s Report on Currency and Finance
On 29th July, 2024, the Reserve Bank of India (RBI) released the ‘Report on Currency and Finance (RCF)’ for the year 2023-24.
- The theme of the Report is "India’s Digital Revolution."
- The Report has been prepared by a team from the Department of Economic and Policy Research (DEPR), with inputs from several operational departments.
Major Highlights
Impact of Digitalisation
- Digitalisation is driving innovation and efficiency, fostering a new model of economic growth, and facilitating quality improvements.
- Digital transformation is also evident in the financial sector, where adoption of technology solutions by financial institutions, coupled with the advent of new ....
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