by AIP Online Bureau | Oct 31, 2022 | Indian News, Regulation, Technology
Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk Nine banks — State Bank of India (SBI), Bank of Baroda, Union Bank of India, HDFC Bank,...
by AIP Online Bureau | Oct 7, 2022 | Banking & Bancassurance, Indian News, Regulation, Technology
The concept note also discusses key considerations such as technology and design choices, possible uses of the digital rupee, and issuance mechanisms, among others Mumbai: The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific...
by AIP Online Bureau | Mar 8, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology, Wealth Management/ Philanthropy
”We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all...
