Results from our content library
AI-Powered Search
Sign in to search for any topic in our content library — get summaries, related past year questions, and practice MCQs on the topic.
Sign in to searchRBI Introduces Unified Markets Interface for Asset Tokenization
In October 2025, the Reserve Bank of India (RBI) introduced the Unified Markets Interface (UMI) as a major reform to modernise India’s financial infrastructure through asset tokenisation and real-time settlement using wholesale Central Bank Digital Currency (CBDC)
UMI enables traditional financial instruments such as commercial papers, bonds, and certificates of deposit to be converted into digital tokens, allowing trading in smaller, fractional units. This enhances liquidity, transparency, and market participation.
Sign up free to read the full article
Access all current affairs, state notes, subject notes and more — completely free.
RBI's Unified Markets Interface enables asset tokenization and real-time settlement using wholesale CBDC, modernizing India's financial infrastructure with blockchain technology and smart contracts.
Keywords