U Factor: After UPI & ULI, RBI eyes UMI for markets
File photo: RBI Governor Sanjay Malhotra MUMBAI: RBI governor Sanjay Malhotra on Wednesday announced the creation of a Unified Market Interface, a new market infrastructure conceptualised by the central bank that will enable instant buying, selling, and trading of financial assets as digital tokens settled through the central bank’s digital currency.“Early efforts and results from…