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 average of two numbers is 13 and the square root of their product is 12, then the difference between the numbers is:
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A horse is tethered to a peg fixed at one corner of a rectangular grass field measuring 45 metres in length and 25 metre...
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