Wednesday, 8 February 2023

RBI Digital Rupee: E-Rupee to be Piloted by 5 More Banks in 9 More Cities Soon

Zee News The CBDC is expected to make the inter-bank market more efficient and settlements in e-rupee can reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk. https://ift.tt/WuM8qj3 February 08, 2023 at 09:01PM The CBDC is expected to make the inter-bank market more efficient and settlements in e-rupee can reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk.

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