Traditionally, payment systems such as RTGS, NEFT, and Unified Payments Interface (UPI) have relied on complex wired networks

In a proactive move to address potential disruptions caused by catastrophic events or volatile situations, the Reserve Bank of India (RBI) has unveiled a new initiative: the Lightweight Payment and Settlement System (LPSS). This innovative system aims to provide uninterrupted financial services even when conventional payment systems are temporarily unavailable due to disruptions in the underlying information and communication infrastructure.

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The RBI’s latest financial stability report accentuated the negative about cryptocurrency and reminds the world that India is looking for global action on crypto regulation. #Binance #rbi #india #cryptoupdates #cryptoonindia

🔔 Digital Rupee Will Wipe Out All The Black Money, Claims RBI Official..

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✅ https://coingape.com/digital-rupee-wipe-out-black-money-claims-rbi-official/?utm_source=cgtelegram

The design of the Central Bank Digital Currency (CBDC) or digital rupee will be the least disruptive and will not replace the physical currency, Executive Director of the RBI Ajay Kumar Choudhary said...!! #Binance #BNB #rbi #cryptoindia #cryptoonindia