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RBI: Framework in the works for integrity of benchmarks

The framework will cover the administration of all benchmarks related to foreign exchange, interest rates, money markets and government securities, the RBI said in its statement on developmental and regulatory policies. ....

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On RBI anvil: UPI to benchmark framework

RBI has proposed to launch “conversational payments” on UPI so that users can engage in conversation with an AI-powered system to initiate and complete transactions. The facility will initially be available in Hindi and English. ....

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