Question
What was the percentage surge in e-rupee circulation in
FY 2024–25?Solution
The e-rupee , a part of India’s CBDC (Central Bank Digital Currency) initiative, saw a 334% increase in circulation in 2024–25. The pilot program included 17 banks and 6 million users , showing rapid scaling of digital currency adoption. Four primary dealers were also added to the wholesale segment.
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II...
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