RBI takes wholesale digital currency trials to call market

"There have recently been trades carried out on a trial basis between banks and other market participants, including primary dealers, for settlements in the call money market using the CBDC for the first time. Essentially, it is outside the scope of the 'e-Kuber' platform and the RTGS (real-time gross settlement)," a source aware of the developments said.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.