April 16, 2026
RBI

RBI Proposes One-Hour Delay for High-Value Digital Payments Above ₹10,000 to Curb Surging Fraud

New Delhi/Mumbai, April 10, 2026 – In a major move to protect users from rising digital payment frauds, the Reserve Bank of India (RBI) has proposed introducing a one-hour delay on high-value peer-to-peer (P2P) and account-to-account transfers above ₹10,000. The central bank released a discussion paper on April 9, 2026, outlining multiple safeguards aimed at tackling Authorised Push Payment (APP) frauds driven […]

RBI Pushes BRICS Digital Currency Link to Cut USD Use

RBI Pushes BRICS Digital Currency Link to Cut USD Use

RBI Proposes Linking BRICS Digital Currencies: e-Rupee + Digital Yuan for Faster, Cheaper Cross-Border Trade & Tourism – A Step Toward Reducing USD Dependence? In a significant development for global finance and India’s role in the multipolar world, the Reserve Bank of India (RBI) has proposed linking the central bank digital currencies (CBDCs) of BRICS nations — including India’s e-Rupee and China’s digital yuan — […]