RBI
22 Nov 2016
Demonetisation And Legal Tender : Basics Ought To Be Known
The Prime Minister of India, Narendra Modi on 8 November 2016, in a live televised address to the nation declared circulation of all Rs. 500 and Rs.1000 bank notes as invalid from 9 November 2016. Through this process of demonetisation, the said currencies ceased to be legal tender. What is legal tender? What is demonetization?
07 Jun 2016
Unified Payment Interface (UPI)- Unique App for Payments
Unified Payment Interface (UPI) is an exceptional app that allows you to transfer funds from your account to the account of a payee by entering the identification code of the recipient and a PIN. It is developed by National Payments Corporation of India (NPCI). It is an organization under Reserve Bank Of India (RBI) for