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RBI Allows Non-Bank Payment Aggregators to Offer CBDC Wallets.

Banking & Finance | Dated: 07&08 Dec 2025

The Reserve Bank of India (RBI) has officially allowed Non-Bank Payment Aggregators (PAs) to offer Central Bank Digital Currency (CBDC) wallets to their users. This move aims to expand the reach of the Digital Rupee (e?) beyond the banking network. Previously, only banks were permitted to offer CBDC wallets via their mobile applications.

🎯 Key Highlights:

  • Payment Aggregators must undergo a rigorous technology audit and obtain specific authorization from RBI to facilitate CBDC transactions.
  • This initiative is expected to boost the retail segment (e?-R) adoption, targeting 5 million daily transactions by mid-2026.
  • RBI also clarified that CBDC transactions via PAs will remain interoperable with the existing UPI QR code infrastructure.

💡 Other Important Facts:

  • Initiative: Expanding CBDC Ecosystem.
  • New Participants: Non-Bank Payment Aggregators.
  • Target: 5 Million Daily Transactions.

📚 Test Your Knowledge:

Which category of entities has the RBI recently permitted to offer Digital Rupee (CBDC) wallets to expand its reach?

Correct Answer: Non-Bank Payment Aggregators

🚀 Quick Recap:

About RBI

  • Governor – Shaktikanta Das
  • Deputy Governors – 4