In contrast, CBDCs are digital versions of fiat currency issued and regulated by a central bank, ensuring stability and legitimacy. The RBI has been very conservative regarding cryptocurrencies ...

With the use of central bank digital currency (CBDC) remaining low, the Reserve Bank of India (RBI) is now exploring cash transfer schemes by state governments as a means to promote the digital rupee.

The Indian currency ... former RBI governor previously highlighted the dollar's strength as the primary factor behind the rupee's decline in value. Rajan in a conversation with a digital news ...