Daily Current Affairs on Reliance Retail starts accepting RBI's Digital Rupee for NABARD Assistant Manager Exam Preparation

Financial Inclusion

Current GK (NABARD)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Reliance Retail starts accepting RBI's Digital Rupee

The Mukesh Ambani-led firm has partnered with Innoviti Technologies, ICICI Bank and Kotak Mahindra Bank to enable acceptance of the Digital Rupee at its Freshpik store in Mumbai.

  • After billing, if a consumer chooses to pay through e rupee, a dynamic Digital Rupee acceptance QR code is presented which the consumer can scan to make the purchase, after which cashiers and consumers get instant confirmation of erupee transfer from the consumer to Reliance Retail.
  • Reliance will later extend the facility to its other stores across the country.
  • The erupees-R was introduced by the Reserve Bank of India (RBI) in December last year for retail markets across select Indian cities in a pilot mode, with access limited to consumers of certain identified banks.

ProfileResources

Download Abhipedia Android App

Access to prime resources

Downlod from playstore
download android app download android app for free