Explained --RBI Digital Rupee Vs UPI, check key features of RBI e₹-R
Zee Media Bureau
| Dec 01, 2022, 12:14 PM IST
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Digital rupee vs UPI
After launching India's first digital rupee pilot project for the wholesale sector on November 1, the Reserve Bank of India (RBI) launched a first pilot programme for retail digital rupees (e-R) today i.e on December 1 in a historic move. The Central Bank Digital Currency is another name for the digital rupee. It is a computerised representation of RBI cash notes. The new development has ignited a lot of curiosity among people as to what is the key difference between RBI Digital Rupee and UPI or the both are the same. Continue reading to find out the answer to your curiosity.
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Bank deposits
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Apps
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Selected banks will distribute digital rupee
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Denominations
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