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RBI Archives - Kokula Krishna Hari Kunasekaran Blog


Indeterminable Reserve Bank of India (RBI) – Part 1 of 2

The Reserve Bank of India (RBI) is India’s Central Banking Institution, which controls the Monetary Policy of the Indian Rupee and other banks operating within India. Sometimes, RBI is well known for its stupidest decisions. Last December (2013), under the heading of the new Governor, there was a decision for increase in security by inputting the PIN at POS for transactions. Upto me this is one of the wrong decision take by RBI. A latest statistics quotes that the Debit

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