RBI's digital currency has got off to a good start. It was launched on 1 November. Explain that under the pilot project of CBDC, banks have been allowed to use it for transactions of government securities i.e. government securities only in the wholesale segment. Nine banks are involved in this pilot project. Many of these banks have done 48 transactions involving government bonds using digital virtual currency on the very first day of launch, their value is around Rs 275 crore.
The RBI has currently approved CBDC as a pilot project. It will be carried forward in several phases in the future and during this time everyone will be allowed to use it after removing the flaws. The nine banks that have been initially allowed to participate in the pilot project of CBDC are State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank, and HSBC. Banks are included.
Also Read: RBI launches pilot digital currency: No need to keep cash, CBDC wholesale starts with 9 banks
Ind vs Eng: 'Rohit's Paltan' would like to reverse 112 years of history, will destroy 'Baseball' in Dharamshala
Team India has taken an unassailable 3-1 lead in the five-match Test series between India and England (Ind vs Eng). In the Rajkot Test, India defeated England by 5 wickets and captured the series.
TN SSLC Result 2024: Tamil Nadu SSLC Board Exam result released, how to check result, read here
Tamil Nadu Board has declared the results of the SSLC exam. Students who participated in the examination this year can check their results by visiting the official website (dge.tn.gov.in). Let us tell
SC: Mukesh Ambani's family will get Z+ security even abroad, Supreme Court gave instructions
The Supreme Court has directed Reliance Industries Chairman and Managing Director Mukesh Ambani and his family members to be provided with the highest Z+ security cover across India and abroad. The
Not only did Alia Bhatt, 'Phool' of 'Laapataa Ladies' also reach Met Gala 2024, but the desi look of the actress went viral from the carpet!
Alia Bhatt is in the headlines for Met Gala 2024. The actress added charm to the event in a Sabyasachi outfit. On May 7, the actress remained in the news throughout the day. However, apart from her,
India vs Bangladesh: Kuldeep Yadav was cheated again! Rohit Sharma surprised everyone with one decision.
Everyone expected that Rohit Sharma would give Kuldeep Yadav a chance in the playing 11 against Bangladesh at Green Park Stadium in Kanpur. But the surprising thing is that Kuldeep did not get a
Nipah Virus: No new case of Nipah in Kerala, but monitoring of 1233 people, out of which 352 are in the high-risk category.
The increasing infection of the Nipah virus in Kerala is a cause of serious concern for health experts. So far, the infection has been confirmed in six people here. Meanwhile, there is relief news for
Risk of 56 diseases from cigarettes, research on Chinese: 1 million deaths annually due to smoking there; men more at risk
40% of the world's smokers live in China. According to recent research published in the Lancet Journal, they have a higher risk of 56 diseases than non-smokers. This includes many types of cancer to
One-third of the world will be in recession in 2023: IMF head warned, said- China, America, and Europe will be the reason
The world economy is going to be worse in the year 2023 than in 2022. Kristalina Georgieva, head of the International Monetary Fund (IMF), has said that in 2023 one-third of the world will be in
Uttarkashi Tunnel Collapse: 40 lives trapped in the tunnel... Now efforts are being made to rescue them by inserting 900 mm steel pipe.
The rescue operation has entered the third day after the landslide in the under-construction tunnel in Uttarkashi. The rescue operation is going on rapidly to rescue the workers trapped after the
The faster the development was seen, the faster the devastation: Business stalled due to change of capital; The sales that used to happen in a day, now not even in a year
After the commencement of the work on the Amaravati capital in Andhra Pradesh, the life of the people changed as fast as the work stopped in 2019. It was being developed with the help of a Singapore
