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RBI likely to start digital rupee pilot in call money market by October

The wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched in November 2022 for the settlement of secondary market transactions in g ....

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rbi digital rupee pilot: RBI likely to start digital rupee pilot in call money market by October

The pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched on November 1, 2022, with the use case being limited to the settlement of secondary market transactions in government securities. ....

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G20 Summit: PM Modi holds meetings with global leaders. Here are top 5 key takeaways

G20 Summit 2023: PM Modi to hold meetings with global leaders at G20 Summit. Russia praises balanced consensus on Ukraine. Biden skips final session. India-Middle East-Europe Economic Corridor established. G20 adopts New Delhi Leaders Summit Declaration. ....

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RBI likely to launch digital rupee pilot for interbank transactions by October

The Reserve Bank of India (RBI) is set to launch the pilot of its Central Bank Digital Currency (CBDC) for interbank transactions by October. ....

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rbi digital rupee: RBI likely to start digital rupee pilot in call money market by October

"The RBI will introduce the wholesale CBDC in the call market either this month or next month," Choudhary said on the sidelines of the G20 Leaders Summit in New Delhi. The introduction of CBDC was announced in the Union Budget 2022-23 by Finance Minister Nirmala Sitharaman and necessary amendments to the relevant section of the RBI Act, 1934, were made with the passage of the Finance Bill 2022. ....

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