Bank of Baroda Ltd., under the guidance of Reserve ... on the “programmability” of the Central Bank Digital Currency (CBDC) – the “Merchant Loyalty/Cashback Programme” This industry ...

MD and CEO of Bank of Baroda said. Banks, along with the regulator, are working on CBDC to create the ease of doing transaction that can be far better as compared to any other mode of transaction.

Amid the rush to digitize banking, the news that employees of Bank of Baroda (BoB ... pilot project to use central bank digital currency (CBDC) in the wholesale market for secondary trade in ...