The Banking hub

Reserve Bank of India The Reserve Bank of India(RBI) is the central institution of the country which handles the monetary policies of India. It maintains the economic stability and growth. Urjit Patel is the Current RBI governor, who assumed responsibilities of the organisation from September 6, 2016. Within three months of his tenure, Prime Minister Narendra Modi announced demonetisation of Rs 500 and Rs 1000 currency note. He was an integral part of the team which decided on demonetisation. RBI has been mitigating the side effects of demonetisation by executing a set of rules in favour of the common people. Opposition, however, protested against the decision of demonetisation and criticised the government and the RBI for being insensitive towards common people. It was set up in 1935 during British rule in accordance with the provisions of the The Reserve Bank Act, 1934. The headquarters are in Mumbai, Maharastra. On June 25, 2017 a lawyer had sought information under the transpar...

Hi I’m Raaj, I wanted to start a blog because to serve some knowledge about Bank, Internet banking, save bank,bank realated news, financial sopport, and about wallets(paytm, mobikwik airtel money). Here at The Banking hub, we like to do things a little differently, so I’m NOT going to tell you why I started this blog or what type of content you can expect to see here, hope, you will find none of that here! Instead, I invite you to ponder this quote from my yoga instructor today: “No matter what you want to do, just start!” See you on the next blog, now go get started already, what are you waiting for??? - Raaj