Tags : RBI

RBI Extends Deadline to Exchange or Deposit Rs 2000 Notes

Following a review, the Reserve Bank of India (RBI) extended the deadline for the general public to exchange or deposit Rs 2000 notes at bank branches till 7 October on September 30. “It has been decided to extend the current arrangement for deposit / exchange of Rs 2000 banknotes until October 07, 2023,” the RBI […]

Switch to The Better Card Network

Currently, plastic money is in fashion and convenient for transactions these days. Its usage is growing at a fast pace. So, RBI aspires to provide more card network options to people holding credit, debit or prepaid cards. Therefore, from 1st October 2023 onwards, they can switch, as per their choice. What is Card Network? It […]

Is Cryptocurrency the new future currency of India?

A cryptocurrency is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a form of a computerized database using strong cryptography to secure transaction records to control the creation of additional coins. There are so many kinds of cryptocurrencies- Bitcoin Cash Litecoin Bitcoin Ripple NEO […]