“Today it is evident that everyone maintains at least one bank account. Most people have more than one such account from attending to different needs-as to avail different government schemes or for financial purposes. Recently, however, rumors have come that in case of more than one bank account by any person, heavy fines would be … Read more
The 500 Indian rupee notes legislation. Recently, the Reserve Bank of India issued a very important circular regarding this. It aims at restraining the abuse of counterfeit notes in securing values in the system. Now, citizens have been required to comply with the same to operate under the new directives as per the notification issued … Read more
RBI New Rules for CIBIL Score: The CIBIL score or the credit score forms a significant part of your financial status. Your eligibility to borrow money and the decision of banks and financial institutions to lend you money are determined by it. Recently, the Reserve Bank of India (RBI) brought in new rules regarding CIBIL … Read more
RBI New Guideline : The Reserve Bank of India recently issued a large set of important guidelines with regard to the ₹ 500 notes to care for the safety and convenience of the general populace. The primary objective of these rules is to eradicate and avert counterfeit currencies and approach them rightly with information. RBI … Read more
5000 Rupee Notes : Well, today the hot topic is the ongoing discussion on social media about the Reserve Bank of India bringing out the Rs 5000 notes in the currency of India. The recently evoked topic raised a lot of public interests since the stoppage of circulation in Rs 2000 notes. The highest value … Read more