Even senior citizens, who were earlier seemed hesitant, have embraced digital banking today for ease and practicality.

RBI has proposed several measures to strengthen the capital market, encourage growth, enhance public confidence and contribute to economic development at itslatest MPC meeting.

RBI launched Central Bank Digital Currency (CBDC) pilot in December 2022, and its retail user base have grown to more than a million. Read on to know more about what CBDC is, and how it works