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Reserve Bank of India

Tokenized deposits gaining traction in India, central bank says

Pradipta Mukherjee

-

21 August, 2024

Tokenized deposits gaining traction in India, central bank says

Michael Debabrata Patra, deputy governor of the RBI, believes that tokenized deposits have various use cases in cross-border and domestic...

India central bank: Integration of advanced technologies in financial sector brings opportunities, risks

Pradipta Mukherjee

-

20 August, 2024

India central bank: Integration of advanced technologies in financial sector brings opportunities, risks

To mitigate the risks in finance, Shri Swaminathan J said that regulators must adopt a more agile approach, developing regulatory...

Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI

Pradipta Mukherjee

-

19 August, 2024

Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI

At a recent International Association of Deposit Insurers event, Michael Debabrata Patra, deputy governor of RBI, said that CBDC will...

Reserve Bank of India plans ‘public repository’ to curb unauthorized digital lending apps

Pradipta Mukherjee

-

13 August, 2024

Reserve Bank of India plans ‘public repository’ to curb unauthorized digital lending apps

The RBI plans to create a public repository of digital lending applications deployed by banks and financial institutions, which are...

Reserve Bank of India plans ‘delegated payments’ through UPI

Pradipta Mukherjee

-

12 August, 2024

Reserve Bank of India plans ‘delegated payments’ through UPI

The RBI plans to introduce a facility of 'delegated payments' in the UPI to boost digital payments in the country,...

India’s UPI most preferred for retail payments in 2023-24, RBI report says

Pradipta Mukherjee

-

9 August, 2024

India’s UPI most preferred for retail payments in 2023-24, RBI report says

India’s UPI has emerged as the most preferred method of retail payments, with a 79.6% share in total volumes of...

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