The Hindu·3 min read·medium
CBDC and ULI make further inroads; state govts show increasing interest: RBI Dy Governor Rohit Jain
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Lalatendu Mishra
✦AI Summary
RBI Deputy Governor Rohit Jain announced that the adoption of Central Bank Digital Currency (CBDC) and the Unified Lending Interface (ULI) is expanding across India. State governments are increasingly integrating these digital tools to streamline land records and facilitate faster loan processing.
The Reserve Bank of India (RBI) is seeing increased use of Central Bank Digital Currency (CBDC) and Unified Lending Interface (ULI) and their adoption is on the rise, said RBI Deputy Governor Rohit Jain on Wednesday.
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