How people are exploiting Paytm flaw to earn money

How people are exploiting Paytm flaw to earn money

The mobile wallet company Paytm has noticed that people were earning money by exploiting a flaw in the paytm wallet system. Some people were adding money to their paytm wallet using credit card, which earns them some loyalty/ reward points and then transferring the...
Impact of demonetization on banks

Impact of demonetization on banks

What was the impact of demonetization on banks? Staff of Monetary Policy Department of RBI prepared a paper describing how demonetization affected the banks. Read: How people are exploiting Paytm flaw to earn money Impact on Balance Sheet and Profitability of Banks...
RBI App for Android and IOS

RBI App for Android and IOS

Reserve Bank of India has launched an App of its website. The app can be downloaded for Android and Apple devices. The RBI app can be searched on play store or apple store using keyword ‘Reserve Bank of India’. READ  DA for Bank Employees from May 2017 Read: How...
Effect of Bank Strike on 28th February 2017

Effect of Bank Strike on 28th February 2017

Public Sector Bank Employees were on strike today, which was called by United Forum of Bank Unions (UFBU). C H Venkatachalam, General Secretary, All India Bank Employees’ Association said that around 85,000 branches of commercial banks, 105,000 branches of...
Scribbled Currency Notes are Legal Tender : RBI

Scribbled Currency Notes are Legal Tender : RBI

There were rumors in the public that new currency notes of denominations of Rs.500 and Rs.200 having something scribbled on them are not legal tender. Various incidence of branches of some banks not accepting, if there is scribbling on currency notes, have also come...
How to pay using Bharat QR Code?

How to pay using Bharat QR Code?

The latest initiative to promote digital transaction, Bharat QR Code platform has been launched for making payment directly through bank without using physical debit or credit card at merchant outlets. MasterCard, American Express, National Payment Corporation of...

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