To promote the CBDC, the RBI has instructed banks to make UPI QR codes interoperable for e-rupee payments. This allows for the benefits of both cash anonymity and digital transaction convenience
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The scheme opens for public subscription starting from July 12th, 2023, and will close on July 26th, 2023
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During his extensive tenure of nearly three decades at the Reserve Bank, Vasudevan has played key roles in various areas, like the supervision of banks and non-banking financial companies, payment and settlement systems, etc
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The business tie-up will offer Bank customers access to Max Life's protection and long-term savings solutions, offering financial stability for themselves and their families
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The new card will combine seamless banking services with numerous travel benefits
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Chakravorty presently a Deputy Managing Director at SBI will replace Rama Mohan Rao Amara who will cease from his post on 11 August
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The Active Momentum Fund aims to offer investors the opportunity to participate in a thoughtfully curated investment portfolio managed by the firm's fund managers
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Group policies and commission structure contribute to flat growth in Q1 FY2023-24
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