As per the RBI, the total value of Rs 2,000 banknotes in circulation has declined from Rs 3.56 lakh crore on May 19, 2023, to just Rs 7,961 crore as of 30 April 2024. Rs 2,000 banknotes are still considered legal tender. If the receiving party accepts then it can be used for tr...
e-rupee is a digital token. It is equivalent to a banknote. It is a legal tender or a sovereign currency backed by RBI. Presently, Reliance General Insurance’s physical e-rupee QR code can be found at select branches only. It plans to make it available at all branches and on the Rel...