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Asia Pacific Regional Committee

Tokenized deposits gaining traction in India, central bank says
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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
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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
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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...