It is for such purposes that the EU (European Union) budget, which is financed by way of national contributions, is available. If there is a general will for new joint projects, the contributions should be adjusted accordingly. There is no need for EU debt to this end.
Based on the requests received from UCBs, RBI has also taken up the matter with IDRBT to prescribe some uniform minimum benchmarks for the CBS and some cloudbased solution could be worked out which is cost effective yet reliable to smaller UCBs. 5.