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Reserve Bank is likely to launch the pilot of Central Bank Digital Currency for transactions for interbank borrowing or call money market by October

RBI’s decision to expand e-rupee is an acknowledgement of the rapid pace of adoption of digital payment methods

BBPS (Bharat Bill Payment System) cross-border bill payment will highlight the adaptability of the BBPS platform to integrate with fintechs and conventional financial players to facilitate domestic as well as cross-border payment transactions.