The Reserve Bank of India (RBI) will roll out a pilot project for deposit tokenisation starting October 8, 2025. The initiative will be anchored on the wholesale version of the central bank’s digital currency (CBDC). Concept of Deposit Tokenisation Deposit tokenisation involves converting a

At the G30 Annual International Banking Seminar in Washington DC, Reserve Bank of India (RBI) Governor Shaktikanta Das stressed that the future of money must be digital, particularly through Central Bank Digital Currencies (CBDCs). Speaking at a panel discussion on the future of money and payments, Das urged for multilateral cooperation to facilitate cross-border payments