RBI Launches Offline CBDC: How Users Can Make Payments Without Internet Using Digital Cash
The Reserve Bank of India on Thursday introduced the ‘Offline Digital Rupee', a major step in India's Central Bank Digital Currency (CBDC) journey. The feature allows digital payments without internet or mobile network, allowing users to pay using tap or QR, just like cash.
“Digital Rupee or e₹, is India's Central Bank Digital Currency (CBDC). It is the digital form of India's physical currency, the Rupee (₹). e₹ is issued by the Reserve Bank of India (RBI) in digital form and offers features similar to physical cash,” the central bank explained on its website.
This feature was launched at the Global Fintech Fest 2025 in Mumbai. The Digital Rupee (e₹) is the electronic form of the Indian Rupee. Issued by the RBI, it offers the same trust as cash.
What Is The Concept Of Digital Rupee?
Branded with the tagline: “cash, but digital”, the feature allows offline transactions and also introduces programmability. This enables restrictions or specific use conditions on digital rupees for targeted schemes, subsidies and corporate disbursements.
e₹ is stored in a digital wallet and can be used to send, receive or pay money easily. This move is aimed at strengthening India's digital economy and financial inclusion efforts. India has now become one of the first countries in the world to operationalise an offline version of a CBDC.
Currently, 15 banks are offering CBDC wallets to access the digital rupee. These include SBI, ICICI Bank, IDFC First Bank, YES Bank and HDFC Bank, among others.
What Is The Offline Feature of e₹?
According to the RBI, the offline feature of the Digital Rupee (e₹) enables transactions in areas with poor or no internet. It aims to provide a cash-like experience, especially in remote and rural regions. The RBI is testing multiple offline solutions.
One such solution allows payments without the internet but still needs telecom signals. Another uses NFC (Near Field Communication) to enable tap-based payments with no connectivity at all. These innovations are designed to make e₹ more inclusive.
Unlike UPI, e₹ is the digital form of cash. UPI is a payment system that moves money between bank accounts. e₹ can be stored in a digital wallet, just like physical cash. It does not need a bank account for each transaction. Payments between two e₹ wallets settle instantly. e₹ apps will also be able to scan UPI QRs.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.