Reserve Bank of India: Supports countries in prioritizing the development of CBDCs to maintain financial order

According to a Reuters report, the Reserve Bank of India released a financial stability report stating that the bad loan ratio in the Indian banking system is expected to decline to 1.9% in the fiscal year 2026-27, down from 2.1% in September 2025. However, the risks for non-banking financial companies (NBFCs) are rising, with their bad loan ratio expected to increase from 2.3% to 2.9%.

The report also reiterated concerns about stablecoins, emphasizing that stablecoins pose risks to macro-financial stability and supporting the priority development of central bank digital currencies (CBDCs) by countries to maintain financial order.