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Reserve Bank of India

RBI collaborating with top banks for blockchain-based trade financing pilot project
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29 June, 2022

RBI collaborating with top banks for blockchain-based trade financing pilot project

Top banks currently involved in the pilot include HDFC Bank, ICICI Bank, and State Bank of India (SBI). Axis Bank,...
Reserve Bank of India deputy gov confirms 2023 launch for CBDC
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15 June, 2022

Reserve Bank of India deputy gov confirms 2023 launch for CBDC

T. Rabi Sankar's statement echoes the RBI's revelation in its annual report released earlier this month, where it said it...
Reserve Bank of India deputy gov tells IMF: CBDCs can kill digital currencies
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12 June, 2022

Reserve Bank of India deputy gov tells IMF: CBDCs can kill digital currencies

Speaking at a webinar series organized by the IMF, RBI Deputy Governor T. Rabi Sankar stated that the Indian central...
Reserve Bank of India lists CBDC introduction as one of major initiatives for 2022-23
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1 June, 2022

Reserve Bank of India lists CBDC introduction as one of major initiatives for 2022-23

In its annual report published recently, the Reserve Bank of India proposed a three-stage "graded approach" to introduce a central...
India: central bank governor maintains stance, says digital currencies have no value
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28 May, 2022

India: central bank governor maintains stance, says digital currencies have no value

Reserve Bank of India Governor Shaktikanta Das reminded that before the market crash, the RBI had been warning of the...
Reserve Bank of India warns digital currencies will ‘dollarize’ economy
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22 May, 2022

Reserve Bank of India warns digital currencies will ‘dollarize’ economy

The central bank says that digital currencies will seriously undermine its ability to determine monetary policy and contribute to money...
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