Mumbai, May 29 -- The Reserve Bank of India's annual report has note as part of its agenda for 2025-26 that it will explore commencing central bank digital currency (CBDC) pilots on cross-border payments both on bilateral and multilateral basis to overcome key challenges related to turnaround time (TAT), efficiency and transparency, considering India being the world's largest recipient of remittances. The Reserve Bank would further expand the scope and coverage of ongoing pilots in eRs.-Retail and eRs.-Wholesale by introducing new use cases and features, besides bringing improvements to technological aspects of the account aggregator framework to enhance transparency, customer convenience and efficiency, the report noted in its prospects ...