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Reserve Bank of India

Consultation paper to shape India’s digital asset regulation future

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29 August, 2024

Consultation paper to shape India’s digital asset regulation future

India is moving past enacting taxes on digital assets with an upcoming consultation paper likely to provide the sector with...

India’s CBDC has 5M users, RBI in ‘no rush’ to launch it

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28 August, 2024

India’s CBDC has 5M users, RBI in ‘no rush’ to launch it

India’s central bank revealed that 16 local banks are participating in the pilot but says it’s still finetuning features such...

Tokenized deposits gaining traction in India, central bank says

Pradipta Mukherjee

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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

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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

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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

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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...

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