{"id":1028604,"date":"2026-08-13T09:38:54","date_gmt":"2026-08-13T04:08:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1028604"},"modified":"2026-08-13T10:28:06","modified_gmt":"2026-08-13T04:58:06","slug":"brics-eyes-cbdc-fast-payment-linkages-says-rbi-governor","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/13\/brics-eyes-cbdc-fast-payment-linkages-says-rbi-governor\/","title":{"rendered":"BRICS eyes CBDC, fast payment linkages, says RBI Governor"},"content":{"rendered":"<p>Reserve Bank Governor Sanjay Malhotra on Tuesday said the BRICS nations are in discussions to link their respective Central Bank Digital Currencies (CBDCs) and fast payment systems, such as India\u2019s UPI, to facilitate cheaper and faster fund transfers for trade and remittances. <\/p>\n<p>Addressing the annual Fibac event, Malhotra said cross-border payments are \u201can area of interest for all of us\u201d, including the BRICS bloc, because there is a lot of scope to reduce costs, especially for retail transactions, and increase the speed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reserve Bank Governor Sanjay Malhotra on Tuesday said the BRICS nations are in discussions to link their respective Central Bank Digital Currencies (CBDCs) and fast payment systems, such as India\u2019s UPI, to facilitate cheaper and faster fund transfers for trade and remittances. Addressing the annual Fibac event, Malhotra said cross-border payments are \u201can area of interest for all of us\u201d, including the BRICS bloc, because there is a lot of scope to reduce costs, especially for retail transactions, and increase the speed.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,4,18],"tags":[],"class_list":["post-1028604","post","type-post","status-publish","format-standard","hentry","category-it-2-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1028604"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028604\/revisions"}],"predecessor-version":[{"id":1028614,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028604\/revisions\/1028614"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1028604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1028604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1028604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}