Tag: rbi

RBI Former Governor Raghuram Rajan On Unemployment in India PM Modi Government Congress UPA

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RBI Former Governor Raghuram Rajan On Unemployment in India PM Modi Government Congress UPA

Raghuram Rajan On Unemployment: Other opposition parties including Congress are attacking the Modi government at the Center regarding unemployment. Meanwhile, former Governor of Reserve Bank of India (RBI) Raghuram Rajan has responded to the problem of lack of jobs. Raghuram Rajan said in a discussion on ‘Making India an advanced economy by 2047: What will be required for this’ at George Washington University in Washington that we have a problem of lack of jobs. Rajan has been critical of India spending billions of dollars on chip manufacturing. “Think about these…

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Reserve Bank of India Apart from issuing notes it plays an important role in these works of the country

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Reserve Bank of India Apart from issuing notes it plays an important role in these works of the country

Most people know about the Reserve Bank of India (RBI). But it is also true that regarding RBI, people have only the image of currency and bank in their mind. Most people think that the job of RBI is only to issue money. But today we will tell you in which works RBI plays an important role in the country. Issuance of notes in the country In India, the responsibility of printing and issuing currency rests with the central bank i.e. Reserve Bank of India (RBI). Apart from this, RBI…

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April Bank Holidays 2024 Bank Closed for 14 days in coming month check here state wise Full List

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April Bank Holidays 2024 Bank Closed for 14 days in coming month check here state wise Full List

Bank Holidays 2024: The new financial year is going to start from April 1, 2024. Before this, the Reserve Bank of India has released the calendar regarding the bank holidays to be held in the month of April. Holidays related to festivals and other occasions occurring in different states have also been included in the bank holiday list. Besides, the weekly holidays of Saturday and Sunday in the month of April have also been included in it. Banks will remain closed for a total of 14 days in the month…

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Indian Currency: Can a common man buy paper for making notes of Rs 100-200 and Rs 500, is any license required for this also?

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Indian Currency: Can a common man buy paper for making notes of Rs 100-200 and Rs 500, is any license required for this also?

All the countries in the world have their own currency. Every country has its own strict rules and regulations regarding these currencies. But many times you must have heard on social media and elsewhere that not everyone can print notes? The answer is no. Because printing currency notes of any country is legally wrong and is considered fraud. But today we will tell you who can buy the special paper from which notes are made. Indian Currency  Let us tell you that in India today Notes ranging from Rs 1…

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Holi 2024 Special colored notes circulate in the market during Holi know the rules of RBI

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Holi 2024 Special colored notes circulate in the market during Holi know the rules of RBI

For Holi, shops of colours, abir and pichkari have been decorated in the markets and crossroads of the city and villages. But during Holi, when colors are often added, the notes in the pocket become colorful. After which many times shopkeepers refuse to accept these notes. Do you know what are the rules of Reserve Bank of India regarding these notes? After all, how can these notes be circulated in the market? colored notes Don’t feel bad, it’s Holi. During Holi, people often say this after adding Holi colours. Many…

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Paytm finds the new banking partner for their Payment Services

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Paytm finds the new banking partner for their Payment Services

Paytm Payments Bank: After several weeks, some good news has come out for Paytm. RBI has given time till March 15 to Paytm to stop its banking service. Let us tell you that a few weeks ago, the Reserve Bank of India i.e. RBI had issued a notice to ban Paytm Payments Service. RBI had said that after February 29, no services of Paytm Payments Bank will work. RBI had taken such action due to irregularities shown by Paytm in banking services. got 15 days extra time Now RBI has…

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Online Fraud and fishing not easy now RBI plans to replace OTP system for stronger digital security digital payments

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Online Fraud and fishing not easy now RBI plans to replace OTP system for stronger digital security digital payments

Digital Payments: In this era of online shopping and UPI, you do not have to wait long for any payment, you pay your bill within a few seconds. That is, technology has made our lives much easier, but this technology has also made the work of those who cheat people easier. In the last few years, cases of phishing and online fraud have increased continuously, most of the frauds are done through OTP, in which cyber thugs somehow take your OTP and defraud you of lakhs. Keeping this in view,…

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What are the RBI rules for exchanging mutilated notes and how many notes can you exchange at one time? know

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What are the RBI rules for exchanging mutilated notes and how many notes can you exchange at one time? know

Generally, while buying vegetables in the market or purchasing any other thing, we usually come across mutilated notes. Many times the note gets cut or torn by mistake on our part. Sometimes there is a mistake and the note gets burnt. In such a situation, that note cannot be circulated in the market. In such a situation, you can get that note exchanged in RBI. According to the guidelines of Reserve Bank of India, no bank can refuse to exchange your notes. So let us know what are its rules.…

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PhonePe BHIM App Google Pay and Mobikwik downloads increase after RBI action on Paytm

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PhonePe BHIM App Google Pay and Mobikwik downloads increase after RBI action on Paytm

Paytm: A popular proverb in Hindi language says that someone else’s loss is someone else’s gain. Exactly the same is happening with Paytm, PhonePe and other online payment apps. RBI’s strict action against Paytm has caused a lot of loss to Paytm, but Paytm’s biggest competitor in India, PhonePe, has benefited a lot from this action of RBI. Actually, RBI has announced to stop all the services of Paytm Payment Bank from 29th February. In such a situation, millions of Paytm users have started uninstalling the Paytm app from their…

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