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Kotak Mahindra Bank Limited (KMBL) has implemented the first phase of the Reserve Bank of India's (RBI) Digital Rupee (eRs). KMBL is among the eight banks shortlisted by RBI to implement a pilot project for the issuance of Digital Rupee, a legal tender that is similar to banknotes and coins, issued in a digital form by RBI.Kotak Mahindra Bank has rolled out the Central Bank Digital Currency (CBDC) to a Closed User Group (CUG) of customers, which includes retail consumers and businesses. The bank will launch the Digital Rupee pilot in Mumbai, Delhi and Ahmedabad.
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P and Q started a business by investing Rs. 14,000 and Rs. 21,000 respectively. p also worked as the active manager and for that he is entitled to recei...
In a business, A invested Rs. 1600 more than that by B. After 7 months, A left the business. If at the end of the year, profit earned by B is equal to t...
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