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    India Set to Launch First Tokenised Corporate Bonds With Digital Rupee

    3 hours ago

    India is set to test its first tokenised corporate bond issuance, with state-backed power financier REC expected to issue bonds worth less than Rs. 5 billion using the digital rupee for settlement. The pilot, being conducted with the RBI and SEBI, will explore whether distributed ledger technology can make corporate bond issuance and settlement faster.
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