CBDC

Fintech Brief — July 18, 2026 RBI Bars Banks from Selling Stressed Assets Back to Defaulters The Reserve Bank of India issued final prudential norms on Specified Non-Financial Assets (SNFAs) on July 16, barring banks, small finance banks, and NBFCs from selling immovable property acquired during loan recovery back to the defaulting borrower or any related party. 1 The directions — issued as amendments to the Resolution of Stressed Assets framework for commercial banks, SFBs, and NBFCs — are effective from October 1, 2026. Lenders must now: ...

What is CBDC / Digital Rupee (e₹)? Central Bank Digital Currency (CBDC) is the digital form of sovereign currency issued directly by a country’s central bank. India’s CBDC, called the Digital Rupee (e₹) or e-rupee, is a tokenised digital version of the Indian rupee issued by the Reserve Bank of India (RBI). Unlike digital payments through UPI or NEFT — which transfer funds between bank accounts — the e₹ is a direct liability of the central bank itself, functioning as legal tender at par with physical cash12. ...