RBI's Dual Push: Gold Tokenization Explored as AMC Banking Stakes Get Green Light

248 certificate-of-deposit transactions worth ₹17,000 crore have already been settled via RBI's Unified Markets Interface using central bank digital currency — and now the central bank is eyeing gold tokenization to expand this digital rails infrastructure.

Money Moves

• ICICI Prudential AMC gets multi-bank approval — RBI cleared the asset manager to acquire up to 9.95% aggregate holding in CSB Bank, DCB Bank, Kotak Mahindra Bank, and AU Small Finance...