The Analysis Of E-Rupee Growth: A Study Of Bank Participation And Voucher Metrics

This study aims to provide a critical evaluation of involvement of various participating banks in the growth and development of e-Rupee ecosystem. The study analyses the performance of public and private sector banks in voucher creation and redemption volume using secondary source of data. The study also highlights the growth of e-Rupee usage in both wholesale and retail segment. So the main aim of this study is to provide comprehensive understanding of current status and the potential of e-Rupee based on pilot study data of RBI. The findings of the study are intended to support financial institutions and policymakers in taking well informed decisions. In conclusion, the research emphasizes the overall potential of e-Rupee in India’s digital economy.