RBI executive director flags risks as India expands financial-asset tokenization

Verifying
  • P. Vasudevan highlighted legal, privacy, liquidity, interoperability and concentration risks in financial-asset tokenization.
  • RBI processed about 248 certificate-of-deposit transactions worth ₹17,000 crore through its market interface.
  • SEBI listed a corporate-bond tokenization pilot among its 2026-27 priorities.
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