Aapki Khabar Aapka Fayda: Digital Rupee Pilot Project Launching On December 1: What Is It, And How Will It Work?

The Reserve Bank of India (RBI) is all set to launch it first pilot for retail digital rupee (e₹-R) on December 1 i.e. tomorrow. Digital rupee can be converted into cash. Many times the settlement of banks is not done immediately, but the settlement will be done immediately through digital rupee transaction of RBI as this transaction will happen directly from the Reserve Bank's account. Due to the practice of digital rupee, there will be no problem of rotting, melting, bursting of notes. Not only will the trend of digital money increase, but the country will also progress. Watch this special report of Aapki Khabar Aapka Fayda.

Updated on: November 30, 2022, 09.06 PM IST
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