SICK! How will foreign investors or even domestic investors have any faith in the country if you keep banning our greatest success? This isnโt even crypto where it can be understood. The only happy person rn is JIO. Black decision for the ecosystem t
Brief History of RBI
The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934.
Initially, the RBI took over the functions of the Controller of
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2 replies10 likes
Ansh Kadam
Founder & CEO at Bui...ย โขย 5m
How does RBI earn money ? & why the RBI is more of a banker than a regulator.
Last year, the RBI transferred over โน87,000 Crore to the government, and it's expected to surpass โน1,00,000 Crore in FY 2025.
But how does the RBI generate this enormous
Hello Medial Community
Is it mandatory for a fintech who is also engaged in lending activities to get the NBFC licence from RBI?
0 replies3 likes
Rohan Saha
Founder - Burn Inves...ย โขย 1y
After IIFL, RBI bars JM Financial from doing any new financing
0 replies7 likes
DK
ย โขย
Rideย โขย 11m
Opened a start-up current account with Yes Bank. Out of service area so the RM has to get permission from head office.
Yesterday RM called saying RBI has frozen the account because allegedly they called me to verify and I said "we never applied for
Story of RBI:
RBI: โLetโs call all the big players, discuss how we can pick up user adoptionโ
*It actually happens*
RBI: โtime to ban their licenseโ
7 replies12 likes
Niket Raj Dwivedi
ย โขย
Medialย โขย 6m
Announcing the judge for Medial's Startup Showcase for October 2024- Manik Gruver from Shastra VC!
He'll be selecting top 3 startups from the top 25 upvoted startups. Results will be out tomorrow!
What restrictions has RBI imposed? on new india coopetative bank
The RBI has prohibited the bank from:
Granting or renewing loans and advances
Making fresh investments
Borrowing funds or accepting new deposits
Disbursing payments except for essent
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0 replies4 likes
Raja shyama Adhvay
Pre seed stageย โขย 10m
I came to Lucknow for the research, and I travel kanpur, Aagra and Noida in this month. I'm from Andhra Pradesh I don't know much about UP and Hindi language.
Can anyone help me where can I find, startup meetings or any startup hubs in Utter Pradesh