India’s Financial Sector Gears Up: RBI’s Digital Push, Bank Expansions & Market Momentum Date: October 9, 2025
Overview India’s financial sector is witnessing strong activity this week — from the Reserve Bank’s new digital currency sandbox to major fundraising moves by banks and NBFCs. These developments highlight India’s growing strength in digital finance, global integration, and investor confidence. Key Financial Developments 💠 RBI Launches Retail CBDC Sandbox The Reserve Bank of India (RBI) has rolled out a retail digital currency sandbox to encourage innovation around the e-Rupee . Fintech startups can now build and test digital currency applications in a controlled environment — a big step toward integrating CBDC (Central Bank Digital Currency) into daily financial use. 🌐 Real-Time FX Settlement Coming to GIFT City The RBI and Gujarat International Finance Tec-City (GIFT City) are in advanced discussions to enable real-time foreign exchange settlements for domestic banks. This move will reduce transaction delays and boost global confidence in India’s international f...