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Showing posts from February, 2023

what is digital rupee in India

            DIGITAL RUPEE                                       Reserve bank of India RBI announced the launch of the first pilot for retail digital rupee or E-rupee on December 1st to start with the RBI has partnered with 4 banks including State Bank of India, ICICI bank, yes bank, HDFC bank first bank in Mumbai in Delhi Bengaluru and Bhubaneswar initially bank cover on closed user group pricing customers and merchants lets try and explain to you what exactly is digital rupee or e-rupee                                        as the  RBI explain the E-rupee  is a form of digital tokens that represents illegal trade and unlike Crypto currencies the digital rupee is issued in the same denominations as paper currency in points.  now how exactly will this...