Digital Currency

#ERupee

India

It will serve as the official currency of the Government of India. The way printing notes are used in the market at present.

ERupee Digital Currency

#ERupee

ERupee is not Crypto

#ERUPEE

There is also a confusion about e-rupee that it is crypto-currency, but e-rupee is a digital currency officially issued by the Government of India.

It is not Crypto

#ERUPEE

In its first phase, it will be started with four major banks in four major cities. RBI will bring E-Rupee in the market in collaboration with 8 banks.

First Phase of ERupee

#ERupee3

In its second phase, Ahmedabad, Gangtok, Guwahati, Hyderabad, Indore, Kochi, Lucknow, Patna, and Shimla will be included.

Second Phase

E-form is being issued in two parts, one is retail tender e-form and the other is wholesale e-Rupee form.

Retail ERupee

All these banks will act as intermediaries for issuing e-rupees and banks will prepare digital wallets and other means for this at their own level.

Banking System

Government of India is issuing digital currency in the form of E-Rupee. Whose benefits will be seen in the coming times.

Government Undertaking

ERupee is revolutionery reform.

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