The #RBI launched the #digitalrupee on a pilot basis and will be offered by a select group of public and private #banks in a few major cities initially. But what is a digital rupee? Is there a need for it? What are the risks involved?

🔗 The Reserve Bank of India announced the launch of the first pilot for retail digital Rupee or e-rupee on December 1. To start with, the RBI has partnered with four banks including State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank in Mumbai, New Delhi, Bengaluru, and Bhubaneswar. #RBI #DigitalRupee #Rupee #ITCard Cre: indiatoday