Digital Rupee cannot be exchanged for cash, only bank deposits will be used to issue eRupee: Report

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Digital Rupee cannot be exchanged for cash, only bank deposits will be used to issue eRupee: Report Anuj Ranjan, the top general manager of the RBI's fintech division, reportedly stated that the pilot project has moved pretty nicely in a closed-user group and that the number of users is gradually increasing when speaking at an event at the Indian Merchants' Chamber.
 
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