RBI launches Sachet portal to check illegal money collection

Posted on:05 Aug 2016 09:20:13
RBI launches Sachet portal to check illegal money collection
05 August 2016 Current Affairs: The Reserve Bank of India (RBI) Governor, Raghuram Rajan, on 4 August 2016 launched Sachet portal,sachet.rbi.org.in, to check illegal money collection.

The portal will help anyone can obtain information regarding entities that are allowed to accept deposits, lodge complaints and share information regarding illegal acceptance of deposits by unscrupulous entities.

Highlights of Sachet : The website is available in vernacular languages for the benefit of the people of different regions of the country.It will be helpful for the regulators in quick follow up of the unlawful money collection activities.

It will also enable people get information regarding the financial entities that are allowed to accept the deposits.People will get the space to lodge complaints and share information regarding illegal collection of deposits by unscrupulous entities in their areas.The website also incorporates regulations prescribed by all financial regulators that different entities have to follow.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 May

22 MAY
NEWS
21 MAY
NEWS
20 MAY
NEWS
19 MAY
NEWS

Current Affairs 2018 April

30 APRIL
NEWS
29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS

Current Affairs 2018 March

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS