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Reliance General Becomes 1st Insurer to Accept eRupee in Partnership with Yes Bank

Published on April 27, 2023
Current Context: Reliance General Insurance has become the first general insurance company to accept eRupee - or the central bank digital currency (CBDC) - for premium payments.
Reliance General Becomes 1st Insurer to Accept eRupee in Partnership with Yes Bank
  • It has tied up with Yes Bank to facilitate the collection of premiums in digital mode using the bank’s eRupee platform.
  • Customers who have an active eRupee wallet with any bank can scan Reliance General Insurance’s eRupee QR code to make easy, safe, instant, and green payments

Question:

Q.1 Which company has become the first general insurance company to accept eRupee for premium payments?
a. HDFC ERGO General Insurance
b. Reliance General Insurance
c. ICICI Lombard General Insurance
d. Bajaj Allianz General Insurance
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