Revenue secretary Sanjay Malhotra will succeed Shaktikanta Das as the next governor of the Reserve Bank of India. DoPT ...

The question hit a nerve not only because of its source—Rajan, a globally respected economist and former Reserve Bank of India governor—but also because it came at a moment when the stakes for ...

This paper analyzes the legal foundations of central bank digital currency (CBDC) under central bank and monetary law. Absent strong legal foundations, the issuance of CBDC poses legal, financial and ...

In this paper, we develop a model incorporating the impact of financial inclusion to study the implications of introducing a retail central bank digital currency (CBDC). CBDCs in developing countries ...