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Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs

The trial may lead up to the introduction of a CBDC in India before the end of this fiscal year, most likely in three steps; U.S.-based FIS had reportedly participated.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs

The trial may lead up to the introduction of a CBDC in India before the end of this fiscal year, most likely in three steps; U.S.-based FIS had reportedly participated.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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