Reserve Bank of India (RBI)

RBI tightens domestic Money Transfer rules, adds new security factors

The Reserve Bank of India (RBI) has tightened rules for domestic money transfers, requiring banks to record the name and address of beneficiaries. Remitting banks must register the remitter with a verified cell phone number and an 'Officially Valid Document (OVD)'. Jul 25, 2024
NEET

India's Educational Landscape: A Transformation in Progress

India's education landscape is transforming, with 26.52 crore students in schools and 4.33 crore in higher education, according to the Economic Survey 2023-24.The New Education Policy 2020 is driving this change, focusing on foundational literacy and numeracy, and lifelong learning. Jul 22, 2024