What Is RBI’s Retail Rupee? How Is It Different From UPI & Cryptocurrency?
Last Updated:May 19, 2026, 6:22 PM IST Issued and backed by the Reserve Bank of India (RBI), it is the exact electronic equivalent of physical cash RBI’s ECL Guidelines: What It Means for Interest Rates, Credit Access and Risk Pricing The Retail Rupee (e₹) is India’s official Central Bank Digital Currency (CBDC) designed for everyday…