Central Bank Digital Currency In India: A Paradigm Shift

  • Authors

    https://doi.org/10.14419/mctf2t64

    Received date: October 7, 2025

    Accepted date: November 15, 2025

    Published date: November 24, 2025

  • CBDC; Correlation; Digital Currency; E-Rupee; Paradigm Shift

  • Abstract

    Digital Currency has emerged as a vital tool in major sectors, and now the shift towards small ‎and medium enterprises and Individual payments has transformed our traditional payment ‎system into a digital payment system. Many Countries are planning to use CBDC India as a step ‎ahead in starting its pilot study in major cities at 2 phases. The study aims to understand ‎the acceptance level of CBDC in the payment system, analyse the usage pattern of payment ‎systems in India, and evaluate the paradigm shift of fair, safe, and transparent financial ‎transactions through CBDC. The research methodology applied for the study is analytical, with ‎a systematic sampling being considered for obtaining data. The statistical tool applied to the ‎data is multiple correlation. The study reveals that a majority of merchants, academicians, and ‎stakeholders are not only aware of CBDC but are also prepared to integrate it into their regular ‎financial operations. In contrast, the general public remains neutral regarding its potential to ‎curb black money. The authors also note concerns about the currency's potential volatility and ‎highlight the importance of the RBI ensuring a sufficient adjustment period for widespread ‎public adoption.

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  • How to Cite

    V N, V., Desai, G., M, M. ., Kartik, N. ., & Narasaraju, D. R. . (2025). Central Bank Digital Currency In India: A Paradigm Shift. International Journal of Accounting and Economics Studies, 12(7), 655-662. https://doi.org/10.14419/mctf2t64