The product was developed in collaboration with the Reserve Bank of India (RBI) and Yes Bank, which will act as the sponsor bank for CBDC issuance.

The Indian Rupee is available in the form of 10, 20, 50, 100 and 200 rupees notes. However, bigger denomination notes are Rs 500 and Rs 2,000. The exchange rate between Indian Rupees and Pakistani ...

MUMBAI, Nov 8: Indian Prime Minister Narendra Modi on Tuesday announced ... in eradicating poverty," Modi said in an address to the nation. New 500 and 2,000 rupee denomination notes will be issued at ...

The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...

The Indian rupee has been steeply depreciating for the past few weeks. It fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald ...

The recent actions taken by the Reserve Bank of India (RBI) to defend Indian rupee from falling sharply and injecting durable liquidity to the banking system are steps in the right direction ...

The value of the Indian Rupee (INR) is market-determined, with no target or specific level or band. Various domestic and global factors influence the exchange rate of the INR, such as the movement of ...

Amidst the rupee's depreciation to a record low against the US dollar, Finance Secretary Tuhin Kanta Pandey highlights risks ...

RBI says 98.15% of Rs 2000 banknotes have been returned, leaving only Rs 6,577 crore worth with the public. The facility for ...

MUMBAI, Feb 3 (Reuters) - The Indian rupee weakened past 87 per U.S. dollar for the first time on Monday, as Asian currencies slumped after U.S. President Donald Trump imposed tariffs on the ...

The Indian rupee fell beyond 87 against the U.S. dollar for the first time on Monday, following a decline in Asian currencies ...