Question
Which bank is facilitating CBDC issuance for CRED's e₹
wallet?Solution
YES Bank is the first sponsor bank facilitating CBDC issuance for a third-party application like CRED. This initiative follows RBI’s April 2024 monetary policy, which expanded CBDC-Retail access to non-bank payment operators, fostering a broader adoption of digital currency in India.
If the length of a rectangle is increased by 40%, and the breadth is decreased by 20%,then the area of the rectangle increases by x%. Then the value of ...
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