The Reserve Bank of India is about to launch a trial on CBDC and might have it up and running before the end of the fiscal year, according to local media Moneycontrol.
The Reserve Bank of India is in talks with fintech companies and state-controlled banks about a trial run of a central bank digital currency , local publication Moneycontrolon Sept. 5. An unnamed public sector bank official told the publication that the trial may precede an RBI launch of a CBDC this fiscal year.
U.S.-based financial services company FIS was mentioned as one of the fintech companies with which the RBI is consulting. FIS senior director Julia Demidova confirmed to Moneycontrol that, “FIS has had various engagements with the RBI […] and, of course, our connected ecosystem could be extended to the RBI to experiment various CBDC options.”the launch of its CBDC Virtual Lab on Aug. 25. The company was already active in the CBDC sphere as the host of conferences and roundtables on the topic.
The RBI is reportedly in talks with public sector banks State Bank of India, Punjab National Bank, Union Bank of India and Bank of Baroda on participating in the trial. The government owns at least a 50% share in those banks.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
J'Ouvert festivities kick off in Brooklyn, ahead of West Indian Day ParadeJ'Ouvert festivities kicked off early this morning ahead of the West Indian Day Parade celebrating Caribbean culture in Brooklyn. JohnBDias reports:
Weiterlesen »
West Indian American Day Parade back in full force since pandemicThe rich celebration of Caribbean culture is back in full force for the first time since the pandemic.
Weiterlesen »
Colorful West Indian Day parade returns to NYC streetsThe steel bands and brightly colored costumes of Caribbean carnival have once again made their presence felt on the streets of New York City
Weiterlesen »
India carnival ride plummets 50 feet, injuring multiple people – including children – in horrifying videoThe high-rise swing malfunctioned at a fair in the north Indian city of Mohali.
Weiterlesen »
West Indian American Day Parade 2022The West Indian American Day Parade is taking place in Brooklyn today after a pandemic-induced hiatus.
Weiterlesen »