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RBI Unveils Offline Digital Rupee at Global Fintech Fest 2025

23 October 20251 min read
BANKING & FINANCERBI Unveils OfflineDigital Rupee atGlobal FintechFest 202523 October 2025safalsetu.com

Why in the news

RBI added an offline mode to the e-rupee, giving digital payments cash-like convenience.

Key facts

  • Wallets come from SBI, ICICI, HDFC and Union Bank; P2P and P2M payments are instant.
  • Offline use serves rural and remote areas.
  • Programmable money aids subsidy delivery with transparency and traceability.
  • The first retail pilot started 1 December 2022; over 7 million users so far.

Significance

Strengthens payment infrastructure, widens inclusion and lowers cash handling.

Exam angle

  • Event: Global Fintech Fest 2025.
  • Offline tech: NFC tap.

Test yourself

1. At which event did RBI launch the offline digital rupee (e₹)?

RBI launched it at Global Fintech Fest 2025.

2. Which technology allows the offline e₹ to work with minimal connectivity?

Offline payments use minimal network connectivity or NFC tap technology.

3. Which state is testing the programmable e₹ under the GSAFAL scheme?

GSAFAL is the Gujarat pilot; DEEPAM 2.0 is in Andhra Pradesh.

This topic is part of Daily Current Affairs 22 October 2025 (19 topics).

All topics of the dayDay quizOctober 2025

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