U Factor: After UPI & ULI, RBI eyes UMI for markets

RBI Governor Sanjay Malhotra unveiled the Unified Market Interface, a new infrastructure for instant digital asset trading settled via central bank digital currency. He highlighted advancements in financial data integration, the Unified Lending Interface bridging credit gaps, and the digital rupee's expanding adoption with programmable features for targeted subsidies.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/TgUXO9w