Reserve Bank of India is considering bringing its digital currency (virtual currency) into the country. If everything goes well then digital currency can be started in the country. Soon an Inter-Departmental Committee of RBI is going to take a decision on this. RBI believes that the need for virtual currency has been felt for a long time due to the rapidly changing circumstances of the payment industry, the trend of private digital tokens and rising expenses in preparing paper notes or coins. Has been The Central Bank Digital Currency (CBDC) is a legal currency and is the digital bank’s central