SICK! How will foreign investors or even domestic investors have any faith in the country if you keep banning our greatest success? This isn’t 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
Story of RBI:
RBI: “Let’s call all the big players, discuss how we can pick up user adoption“
*It actually happens*
RBI: “time to ban their license“
7 replies12 likes
Niket Raj Dwivedi
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Medial • 21d
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!
2 replies18 likes
DK
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Ride • 5m
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
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3 replies6 likes
Anish Patel
Stealth • 6m
RBI Issues New Draft Guidelines for Digital Lending Platform.
1 replies4 likes
Mahendra Lochhab
Stealth • 5m
RBI projects India's real GDP growth at 7.2% for FY25.
0 replies2 likes
BigLoot IN
Stealth • 1m
RBI has banned four NBFCs from issuing loans, including DMI Finance, Navi Finserv, Asirvad Finance, and Arohan Financial. The ban will take effect from October 21, 2024.