A clutch of start-ups has turned the concept of Buy Now, Pay Later on its head to devise Save Now, Buy Later schemes that incentivise saving for big spends while avoiding the debt trap that comes with BNPL. And there are many takers
India is set to welcome its own digital currency in the near future. What are the building blocks of the Reserve Bank of India's Central Bank Digital Currency and what will the path to a CBDC look like?