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
After the Russian attack, 4.5 lakh houses in Kyiv darkened, the water supply in the city stopped; people on the street
Russia is increasing its attacks on Ukraine day by day. About half a million homes in the city have been darkened in the latest attack by the Russian army on the Ukrainian capital Kyiv. Due to the
Parliament Security Breach: Breach in Parliament's security, a person entered the premises by jumping over the wall; Security forces caught him
There has been a major lapse in the security of the Parliament House once again. A person entered the Parliament House at around 6:30 am by jumping over the wall with the help of a tree. He reached
Nasa Alert: Asteroid moving towards Earth faster than a hypersonic missile, NASA alerted
Nasa Alert NASA has issued an alert to the people on New Year. NASA, which gives new information about space from time to time, said that today a big asteroid is moving towards the Earth. According to
Daniel Balaji Passes Away: South actor Daniel Balaji dies of heart attack, breathed his last at the age of 48
Daniel Balaji Death: Bad news is coming out from South Cinema. Well-known actor Daniel Balaji, who created the magic of acting in Tamil and Malayalam films, is no more. The actor died on Friday (29
MHT CET Result 2023: Maharashtra Joint Entrance Exam result for PCM, PCB declared, check this way
The results of the entrance examination conducted for Physics, Chemistry and Mathematics (PCM) and Physics, Chemistry and Biology (PCB) groups by the State Combined Entrance Examination (MHT CET) Cell
Lokah Chapter 1: Kalyani Priyadarshan's 'Lokah Chapter 1' continues to dominate the box office. Know the earnings of the 11th day.
It has been 11 days since the release of the Malayalam film 'Lokah Chapter 1' today on the second Sunday. Today's collection of this film has come out. Know how much Kalyani Priyadarshan's film has
Beginning of Sankalp Week: PM Modi said that - the Aspirational District Program changed the lives of 25 crore people in 112 districts.
Prime Minister Narendra Modi launched 'Sankalp Saptah' for aspirational blocks in the country at Bharat Mandapam. 'Sankalp Saptah' is associated with the effective implementation of the Aspirational
Arvind Kejriwal will not go to the ED office even today, CM said these things in a letter to the investigating agency
New Delhi. Delhi CM Arvind Kejriwal will not appear before the Enforcement Directorate even today. He has written a letter to the investigating agency and termed the notice illegal. He wrote- I am
More disasters will come if developed countries do not fulfill their environmental promises: External Affairs Minister Jaishankar
On the environmental crisis, External Affairs Minister S. Jaishankar said that countries responsible for global warming need to come forward and stop lying to the world. He warned that as it becomes
Shivaji Statue Collapse: The Wife informed the police, why the family supported the police in the arrest of sculptor Jaideep.
Sculptor Jaideep Apte was arrested on Wednesday night in connection with the collapse of Chhatrapati Shivaji Maharaj's statue at Rajkot Fort in the Sindhudurg district of Maharashtra. He was arrested
