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Reserve Bank of India Supports Priority Development of CBDCs in Various Countries to Maintain Financial Order
Summary: According to Reuters, the Reserve Bank of India released a financial stability report stating that the non-performing loan ratio of the Indian banking system is expected to decrease to 1.9% in the fiscal year 2026-27, lower than the 2.1% in September 2025. However, risks are rising for non-bank financial institutions (NBFCs), with their non-performing loan ...
According to Reuters, the Reserve Bank of India released a financial stability report stating that the non-performing loan ratio of the Indian banking system is expected to decrease to 1.9% in the fiscal year 2026-27, lower than the 2.1% in September 2025. However, risks are rising for non-bank financial institutions (NBFCs), with their non-performing loan ratio projected to increase from 2.3% to 2.9%. The report also reiterated concerns about stablecoins, emphasizing the risks stablecoins pose to macro-financial stability, and supporting the priority development of central bank digital currencies (CBDCs) in various countries to maintain financial order.
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Link: Reserve Bank of India Supports Priority Development of CBDCs in Various Countries to Maintain Financial Order [Copy]
