Anand Mahindra Shares A Video Of Him Using RBI’s Digital Currency: Know All About E-Rupee; How Is It Different From UPI, NEFT, RTGS?

Anand Mahindra

Anand Mahindra Shares A Video Of Him Using RBI’s Digital Currency: Know All About E-Rupee; How Is It Different From UPI, NEFT, RTGS?

January 2023: The well-known businessman had also added a hashtag promoting the government’s flagship “Digital India” mission through his post. Like his earlier Twitter post, this video post also went viral very soon.

Businessman Anand Mahindra, who has been sharing interesting and thought-provoking content through his social media posts, took to Twitter to share his experience of using the newly launched e-Rupee or Central Bank Digital Currency (CBDC).

In a video posted on its Twitter handle, Mahindra also explained how to use e-rupiah. In the caption of the video, he wrote, “Today at the Reserve Bank’s board meeting, I got to know about @RBI digital currency – the e-Rupee. Rupiah.

Soon after the meeting, I visited a nearby fruit seller, Bachhey Lal Sahani, who was one of the first traders to accept it. #DigitalIndia in action!

The well-known businessman had also added a hashtag promoting the government’s flagship “Digital India” mission through his post. Like his earlier Twitter post, this video post also went viral very soon.

Mahindra’s tweet already has over 1.6 million views and over 3,400 retweets and almost 30,000 likes.The well-known businessman had also added a hashtag promoting the government’s flagship “Digital India” mission through his post. Like his earlier Twitter post, this video post also went viral very soon.

Digital Rupee or E-Rupee is nothing but your money in digital form, it can be easily transferred to friends and family members.

Digital Rupee or E-Rupee is nothing but your money in digital form, it can be easily transferred to friends and family members.

It is a digital token issued by RBI. The central bank has identified eight banks for phased pilot launch of retail digital rupee.

Let us find out the key difference between e-Rupee and other payment forms like UPI, NEFT and RTGS.

E-Rupee is an electronic form of sovereign currency but there are various other payment or fund transfer tools like UPI, Google Pay, PhonePe, NEFT and RTGS.

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