The governor of the Reserve Bank of India, Shaktikanta Das, held a press conference on the morning of March 27, 2020, to address the economic uncertainty that is being caused by the coronavirus pandemic. To shield the people from the harsh economic situation, the RBI governor proposed the following measures: The RBI governor and the […]
It’s the time when everybody has fear in mind about the coronavirus and fighting against it by following the govt circulars. Several other worries are adding to the coronavirus fear, including the job, salary, investments, etc. This month is always the ending financial year month, and people are requested to file their income tax returns, […]
For promoting digital payments, RBI(Reserve Bank of India) has come up with another payment method namely, PPI i.e. Prepaid Payment Instrument. With the introduction of prepaid payment instrument, RBI has the aim of providing the users an enhanced experience of digital payments. What is PPI? PPI or Prepaid Payment Instrument is a new method of […]
Thanks to the revolutionary Reserve Bank of India (RBI), transferring money has become a remarkably simple process through the National Electronic Funds Transfer (NEFT). This NEFT service is now available around the clock all year ( 24 x 7 x 365 days) and allows you to transfer money at any time. Previously you can do […]