India To Discuss CBDC Payments at BRICS Summit in September
The Narendra Modi-led government will likely keep discussions on the digital currency (CBDC) payment link among member nations as a key talking point at the upcoming BRICS 2026 summit in New Delhi, according to a report from South Africaโs IOL. The 18th summit is scheduled to take place on September 12-13, with member leaders attending a yearly roundtable. The event will be closely watched by the West, especially the US, under the helm of President Donald Trump.
Also Read: BRICS Pushes Dollar Alternative With CBDCs, Pix and New Payment Rails
CBDC Currencies: A Key Event at BRICS Summit 2026 in India
The Reserve Bank of India (RBI) had previously proposed building a digital CBDC payment bridge in local currencies among BRICS nations. This topic could be the center of discussion and tabled at the summit. The bloc has been cooperative in pushing local currencies ahead for trade and commerce. Countries such as China and Russia have been vocal on strengthening domestic currencies, rather than using the US dollar.
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