Who’s using the e-rupee?

Daybreak

Content provided by The Ken. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Ken or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

6d ago 13:01

MP3•Episode home

Globally, virtual currencies are back in the limelight. In India, UPI transactions hit record highs almost every month. Yet, the value of cash in circulation has gone up by Rs 2 lakh crore.

Sure, the transaction value of the e-rupee, or the digital form of the fiat currency, has increased, but it’s driven more by banks doling out allowances to employees than any real market demand.

But the reality is that the landscape of money’s partial substitutes in India, a digital-payments pioneer, shows little change to the status quo.

Tune in.

🎓 Are you an Indian student in the US or recently graduated? Tell us what your journey’s been like: Take the survey

Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

One channel. Every show. No more switching feeds.

Follow The Ken on Apple Podcasts or tune in on The Ken app.

541 episodes

#Business News #Business #News #Ken #Technology