India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report

India is set to introduce a digital currency supported by the Reserve Bank of India (RBI) in order to facilitate faster and more efficient transactions, according to a recent report. This initiative aims to modernize the financial landscape and enhance the overall payment system within the country. source: https://www.coindesk.com/markets/2025/10/07/india-to-introduce-rbi-backed-digital-currency-for-faster-transactions-report