RBI Looking To Put More Wholesale Transactions Under e-Rupee Ambit

#rbi #reservebankofindia #erupee #g20summit #g20 #digitalrupee
Meanwhile, Business Today TV is privy to information on how the Reserve Bank of India will showcase its digital might at the G20 summit. First, an experience centre is being established to demonstrate frictionless credit… from onboarding to sanction and disbursement of loans. There will also be videos on the journey of RBI’s digital rupee and live digital rupee transactions will be demonstrated by select banks participating in the pilot project. Visitors will also be boarded to UPI without a bank account and can have a first-hand experience of instant digital payments. Another demonstration will showcase the on-the-go capabilities of the Rupay system. Lastly, the Bharat Bill cross border bill payment system will highlight the adaptability of the platform to integrate with FinTechs and conventional financial players to facilitate domestic as well as cross-border payment transactions. BTTV’s Karishma Asoodani joins us for more on this.
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at: