RBI Launches Pilot Program for Tokenized Bank Deposits

Published by

Sohrab Khawas

October 7, 2025

The Reserve Bank of India (RBI) is set to start a pilot program for tokenized deposits on October 8, 2025. This initiative will use the wholesale segment of India’s central bank digital currency (CBDC) as its foundation. Tokenized deposits convert bank deposits into digital tokens on a secure ledger, enabling faster, safer, and more efficient transactions. The pilot aims to test this technology with select banks before considering wider use, marking a step toward modernizing India’s banking system.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news

October 7, 2025

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