Digital Rupee (e₹), also known as Central Bank Digital Currency (CBDC), is the digital form of currency launched by RBI. Digital Rupee (CBDC) is a legal tender, similar to the sovereign currency, and is issued in digital form by the Reserve Bank of India. Bank of India Digital Rupee App offers e₹ wallet and enables the users to transact in e₹. This e₹ wallet is similar to your physical wallet in digital form on your device.