The Reserve Bank of India is exploring gold tokenisation for its Unified Markets Interface. This platform currently settles tokenised financial instruments using central bank digital currency. RBI aims to expand the interface to include more asset classes beyond existing tested instruments. While gold is a possibility, other financial assets are also under examination. The central bank is carefully considering potential regulatory and systemic risks associated with these expansions.
Hero Motors fixes IPO price band at Rs 79-84 for Rs 1,000-crore issue. Know important dates, other details
Hero Motors has announced an initial public offering (IPO) price range between Rs 79 and Rs 84, set to open for subscription on Wednesday, September