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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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The ratio of the cost price and marked price of an article is 7:10, respectively. The article is sold after giving a discount of Rs. 400 such that there...
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After getting two successive discounts, Seema got a shirt at ₹153, for which the marked price was ₹200. If the second discount was 15%, the first d...
