India strengthening mobile-payment ties with global partners, expanding digital currency efforts: RBI's T Rabi Shankar
- Posted on November 20, 2024
- By Business News Today
- 2 Views
India strengthening mobile-payment ties with global partners, expanding digital currency efforts: RBI's T Rabi Shankar
India is establishing mobile payment connections with several nations, including Sri Lanka, the UAE, and neighboring countries. The Reserve Bank of India (RBI) is also developing a cross-border payment system and researching the effects of central bank digital currencies (CBDCs) on the financial sector.
