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Rajan cautions public against frauds in RBI's name at UPI launch

"Let me emphasise that Reserve Bank never sends out e-mails asking for payments. We have about USD 360 billion worth of foreign exchange reserves and we also have about Rs 8 lakh crore of government bonds. We really don't need your money," Rajan said at the launch of Unified Payments Interface (UPI) system.

first published: Apr 11, 2016 01:58 pm

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