What is CBDC / Digital Rupee (e₹)?
What is CBDC / Digital Rupee (e₹)? Central Bank Digital Currency (CBDC) is the digital form of sovereign currency issued directly by a country’s central bank. India’s CBDC, called the Digital Rupee (e₹) or e-rupee, is a tokenised digital version of the Indian rupee issued by the Reserve Bank of India (RBI). Unlike digital payments through UPI or NEFT — which transfer funds between bank accounts — the e₹ is a direct liability of the central bank itself, functioning as legal tender at par with physical cash12. ...