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RBI to launch QR code-based coin vending machines

  • The Reserve Bank of India (RBI) plans to launch QR code-based coin vending machines.
  • The machines will make it easier for people to obtain small change.
  • The QR code-based system will make transactions quicker and more convenient.
  • The launch of these machines is part of the RBI's effort to promote digital transactions and reduce dependence on cash.

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