#Reserve bank of India

INR2000 denomination currency withdrawn by India's central bank - the RBI. Image Credit: Getty Images

What does India’s decision to withdraw INR2000 currency note mean?

The 2000-rupee note will remain legal tender, but citizens have been notified to deposit or exchange these notes

central banks of UAE and India sign MoU

Central banks of UAE, India sign agreement to boost collaboration

The MoU will enable joint experimentation with regard to CBDCs and facilitate other digital innovation initiatives between the central banks