RBI was started in the month of April in the year 1935 and it was a big thing for the country. Established under the Reserve Bank of India Act, 1934, the central bank has played a pivotal role in shaping the Indian economy. Over the decades, the RBI has been a cornerstone of India’s financial […]

In recent times, the Unified Payments Interface (UPI) system has encountered several outages, sparking concerns among users and stakeholders alike. Addressing this pressing issue, Reserve Bank of India (RBI) Governor Shaktikanta Das shed light on the root cause of these disruptions, providing clarity and reassurance to the public. Governor Shaktikanta  Das unequivocally stated that the […]