https://www.taxtmi.com/news?id=25038 The Reserve Bank will introduce a blockchain-enabled Central Bank Digital Currency as sovereign digital legal tender to boost the digital economy and lower currency management costs. Concurrent measures include setting up Digital Banking Units by scheduled commercial banks, migrating post offices to the core banking system to enable interoperability and online access, and continuing financial support for affordable, user-friendly digital payment platforms to advance financial inclusion. en-us Tue, 01 Feb 2022 13:58:46 +0530 Tue, 01 Feb 2022 13:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25038 The Reserve Bank will introduce a blockchain-enabled Central Bank Digital Currency as sovereign digital legal tender to boost the digital economy and lower currency management costs. Concurrent measures include setting up Digital Banking Units by scheduled commercial banks, migrating post offices to the core banking system to enable interoperability and online access, and continuing financial support for affordable, user-friendly digital payment platforms to advance financial inclusion. News - Tue, 01 Feb 2022 13:58:46 +0530 https://www.taxtmi.com/news?id=25038