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    HomeNewsOpinionDigital Rupee | Will commercial banks still be needed for credit creation?

    Digital Rupee | Will commercial banks still be needed for credit creation?

    With the digital rupee, the RBI would be able to the increase the effectiveness of monetary policy by directly changing interest rates on deposits and/or lending

    Sashi Sivramkrishna
    February 22, 2022 / 10:19 IST
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