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Two parallel monetary systems – one based on public monies issued in China, India, and maybe the eurozone, and the other comprising private money, increasingly dominated by dollar-pegged stablecoins – appear to be emerging. Central bankers are not the only on…
RBI's balance sheet increases 8.2% to ₹76.25 lakh crore in FY25. Increase on assets side was due to rise in gold, domestic investments and foreign investments by 52.09 per cent, 14.32 per cent and 1.70 per cent, respectively
The fight for customer retention isn’t happening at the branch, it’s happening on the phone’s screen...
The Payments Regulatory Board will be chaired by the RBI governor, and will have two other RBI members. The central government will nominate three representatives.
Payments unit leader Aleksi Grym discusses overlaps and synergies for retail CBDCs and instant payment systems in Finland and the eurozone
Report emphasises need for greater public-private collaboration and unified definition
Report, conducted with MIT, says cryptographic techniques would not guarantee privacy
Findings show access to physical cash still important; private sector not meeting payment needs
Adoption of digital currencies could mean lenders needing to hold less regulatory capital
Study says many institutions see value in launching fast payments systems first
Update report notes disagreement between banks and consumer representatives on key design aspects
Central bank adds two new working groups to its preparations for digital currency pilot programme
Report by central banks says shortcomings in design features could stymie implementation
Panellists at Central Banking’s Autumn Meetings list AI “data poisoning” as new cyber security threat
However, Central Banking Autumn Meetings hear that use case for a retail version is “missing”