Thank you to the Indian government and their policies, and a special thanks to the RBI and the new RBI Governor🥰.
Tax us too, so that they, the whole country, remain poor, while their cronies prosper.
Important RBI rules for credit cards
Bank can't charge joining fee if customer has not activated their credit card
CC should be automatically closed if not used for more than a year
Rs 100 compensation per day for delay in closure of credit cards
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
Rajan Paswan
Honorary Mentions - ... • 9m
RBI governor confident of 7.2% GDP growth in FY25
“We are confident about 7.2 percent growth in the current financial year. Of course in any projection, in any forecast, there would be always risks to the upside and downside.,” Das stated.
0 replies6 likes
Rohan Saha
complicated Investor • 14d
RBI signs MoU with Bank of Mauritius to promote use of local currencies for bilateral transactions.
2 replies5 likes
Ansh Kadam
Founder & CEO at Bui... • 3m
How does RBI earn money ? & why the RBI is more of a banker than a regulator.
Last year, the RBI transferred over ₹87,000 Crore to the government, and it's expected to surpass ₹1,00,000 Crore in FY 2025.
But how does the RBI generate this enormous