NOB- Bharat news: Cheque clearance in banks is set to get faster. While it currently takes 2 days to clear a cheque presented in a bank, the process will be completed in a few...
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RBI cautioned about misleading advertisements
NOB- Bharat news: The Reserve Bank of India (RBI) has noticed certain misleading advertisements enticing borrowers by offering loan waivers. These entities seem to be actively promoting many such campaigns in the print media...
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RBI trials digital currency – e-rupee in India
For specific or special cases the Reserve Bank of India said that it will launch Central Bank Digital Currency (CBDC) which is also known as digital currency or e-rupee. For each country as per...
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Tokenization of debit and credit cards by RBI- Digital transactions India
RBI has introduced a new mechanism called ‘Tokenization’ to facilitate online shopping. Also, it is known that the central bank has revealed that contactless payments can be made very securely. In this background, it...
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