Bazil Shaikh

Recent projects

e-Rupee Courtesy: Shutterstock
22 December 2022 Gateway House

India’s Digital Rupee: Opportunities and Concerns

On Dec 1, the Reserve Bank of India introduced the Indian Digital Rupee-R (retail) on a pilot basis with four participating banks. Reserve Bank historian and former central banker Bazil Shaikh explains what a digital rupee is vis a vis traditional money, the advantages and concerns, and its future in cross-border transactions.
RBI Courtesy: India.com
14 February 2017 Gateway House

Retreat of globalisation: central banks in the crosshairs

Central banks play a critical role in forging the country’s international economic relations. Now, with the rule-based order being reset and new regimes getting established, they are better positioned to influence the playing field. It is, therefore, critical to strengthen the Reserve Bank of India so it can drive an agenda closer to the interests of emerging countries. This will also be a test of India’s future leadership capabilities