The Reserve Bank of India supports countries prioritizing the development of CBDCs to maintain financial order

Mars Finance reports that, according to Reuters, the Reserve Bank of India has released a Financial Stability Report stating that the non-performing loan (NPL) ratio of the Indian banking system is expected to decrease to 1.9% in the 2026-27 fiscal year, down from 2.1% in September 2025. However, risks in non-bank financial institutions (NBFCs) are rising, with their NPL ratio projected to increase from 2.3% to 2.9%. The report also reiterates concerns about stablecoins, emphasizing that stablecoins pose risks to macrofinancial stability and supporting countries to prioritize the development of central bank digital currencies (CBDCs) to maintain financial order.

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