“While the current practice involves settling transactions through traditional banking channels, CBDC could enable direct settlement between parties,” said Mihir Gandhi, partner and leader of payment transformation, PwC India. “The advantages are substantial, but India will also need to address numerous challenges and proactively mitigate associated risks.”
Recent acquisitions help shore up Tata Consumer revenue
At 14.9%, the company’s operating profit margin for the quarter was 47 basis points, or 0.47 percentage point, higher than the year-ago level, but it