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Sitharaman Urges RBI To Sharpen Digital Rupee Capabilities Amid Tokenisation Push

She warned that tokenisation and artificial intelligence are moving faster than safeguards, while citing a tokenised bond pilot that settled money and assets instantly.

Summary by Deccan Chronicle
Sitharaman said the successful pilot of India's first tokenised corporate bond demonstrated the importance of CBDC in enabling simultaneous movement of the asset and money legs of a transactio

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Mumbai, Sep 11 (IANS) Union Finance Minister Nirmala Sitharaman on Friday urged the Reserve Bank of India (RBI) to further strengthen and enable the country's digital rupee (Central Bank Digital Currency - CBDC) platform. She said the RBI should further enhance its capabilities in the digital rupee space and promote the use of digital currency in both wholesale and retail markets. Addressing the Global Fintech Fest 2026 in Mumbai, the Finance Mi…

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Tribune India broke the news in Chandigarh, India on Friday, September 11, 2026.
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