Raghuram Rajan, the RBI’s new governor has reiterated the central bank’s concerns about the credibility of Bitcoin. Addressing a technology conference in Mumbai earlier today, Rajan said there are ambiguities about who controls the value of Bitcoin.
http://techcrunch.com/2014/02/11/india-raises-concerns-on-bitcoins-credibility-but-doesnt-call-it-illegal-yet/