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Articles for Cbdc, search results for credit

New platform to transform lending soon, says Das
3 months, 4 weeks ago

New platform to transform lending soon, says Das

The Hindu  

Reserve Bank of India Governor Shaktikanta Das on Monday said a technology platform called Unified Lending Interface, currently at a pilot stage, would enable friction-less credit while delivering banking services to farmers and MSME borrowers. “This platform facilitates seamless and consent based flow of digital information, including even land records of various States, from multiple data service providers to lenders,” …

India Credit Das Uli Cbdc
US Presidential candidate Vivek Ramaswamy says no to CBDCs, here’s why
1 year ago

US Presidential candidate Vivek Ramaswamy says no to CBDCs, here’s why

Live Mint  

US Republican presidential candidate Vivek Ramaswamy, in a recent X post, expressed his strong views on Central Bank Digital Currencies, adding that it opens a clear path to social credit scoring. Central bank digital currencies open a clear path to social credit scoring. The presidential candidate has lately been vocal about his plans on stabilising the US Dollar by proposing …

Central Bank Dollar Ramaswamy Cbdc
Indian banks offer incentives to lift RBI’s e-rupee: Report
1 year, 1 month ago

Indian banks offer incentives to lift RBI’s e-rupee: Report

Live Mint  

Digital Rupee: In a bid to boost volums in RBI's e-rupee transactions, Indian banks are offering incentives for using the central bank digital currency. HDFC Bank leads Informing about the initiatives taken by HDFC Bank to boost RBI's e-rupee transactions, country head for payments, liability products, consumer finance and marketing, Parag Rao said that India's largest private lender has rolled …

India Bank Digital Rbi Banks Rupee Offer
Federal Reserve’s payment service FedNow would not replace cash
54 years, 11 months ago

Federal Reserve’s payment service FedNow would not replace cash

Associated Press  

CLAIM: The Federal Reserve is launching a digital currency app, FedNow, that will eliminate physical cash. It’s not a form of currency, nor is it a move towards eliminating cash, the Board of Governors of the Federal Reserve System stated. In recent days, social media users have misrepresented the service, claiming it is a step towards “getting rid of physical …

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Reserve Bank to trial digital currency in 'limited-scale pilot' scheme
2 years, 4 months ago

Reserve Bank to trial digital currency in 'limited-scale pilot' scheme

ABC  

The Reserve Bank of Australia will trial its own digital currency as part of a research project to evaluate the future of Central Bank Digital Currencies in Australia. Key points: The RBA will launch a pilot central bank digital currency as part of a research project The CBDC will be a real claim on the Reserve Bank, meaning it will …

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