Story perspectives

India Advances Digital Rupee Links With BRICS CBDCs

By Drooid · Sep 15, 2026, 4:17 AM UTC · How we work

Summary

Story summary

India is advancing links between its digital rupee and BRICS partners' CBDCs.
Government sources say talks with Thailand, Malaysia and Vietnam are advanced.
The September 12 New Delhi Declaration from the 18th BRICS summit endorsed payment-system interoperability.
The Reserve Bank of India is evaluating cross-border use cases for the digital rupee, still in pilot.
Paytm founder Vijay Shekhar Sharma said India can handhold nations building a unified cross-border payment system.

History

Historical Context

In 1999 the EU launched the euro for 11 states; physical notes arrived in 2002, creating a single payment market used by about 358 million people and becoming the world’s second-largest reserve currency. The Reserve Bank of India now pilots a digital-rupee with Thailand, Malaysia, Vietnam and BRICS partners, a move supported by Paytm founder Vijay Shekhar Sharma to forge a multinational CBDC network.

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Story summary

India is advancing links between its digital rupee and BRICS partners' CBDCs.
Government sources say talks with Thailand, Malaysia and Vietnam are advanced.
The September 12 New Delhi Declaration from the 18th BRICS summit endorsed payment-system interoperability.
The Reserve Bank of India is evaluating cross-border use cases for the digital rupee, still in pilot.
Paytm founder Vijay Shekhar Sharma said India can handhold nations building a unified cross-border payment system.

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