The product was developed in alliance with the Reserve Bank of India (RBI ... India's digital currency project, reported Reuters. "India’s MobiKwik and Cred launch e-Rupee wallets " was ...

The Digital Rupee, officially known as Central Bank Digital Currency (CBDC), is a digital version of India’s physical currency issued by the Reserve Bank of India (RBI). It is a legal tender, has the ...

The Governor was replying to a question about RBI's currency management strategy as China is likely to use Chinese yuan depreciation as a tool to counter US tariffs.

By adding WhatsApp as a communication channel, the RBI seeks to enhance accessibility and ensure that key financial messages ...

The Reserve Bank of India's inaction to the rupee's ongoing rally, which lifted it above 85, surprised market participants and sent traders scrambling to adjust positions after the central bank did ...

As RBI cuts interest rate, INR comes under immediate pressure Dubai: The Indian rupee is under pressure again, trading at 22.58 to one dirham, as the central bank cut interest rates by another 0.25%.

"We saw inflows in both equities and debt during the month, and those who bet against the rupee unwound their positions. There were also reports about directions from the RBI regarding the same ...