http://indiafascinates.com Know Your India Mon, 30 Aug 2010 11:06:21 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://indiafascinates.com/banking/paypal-purpose-codes/ http://indiafascinates.com/banking/paypal-purpose-codes/#comments Tue, 02 Mar 2010 07:33:31 +0000 Suhas http://indiafascinates.com/?p=367 Are you a Paypal User? Get to know the Paypal purpose codes to withdraw money from paypal account to a local bank in India. The purpose codes have been introduced by Paypal to comply with RBI (Reserve Bank of India) regulations for all settlements towards exports of goods and services. It is important to note [...]]]> http://indiafascinates.com/banking/paypal-purpose-codes/feed/ 3 http://indiafascinates.com/banking/banks-in-india/ http://indiafascinates.com/banking/banks-in-india/#comments Wed, 03 Jun 2009 11:33:24 +0000 Suhas http://indiafascinates.com/?p=55 In India, Central banking is the responsibility of the Reserve Bank of India, which governs Banks In India. The oldest bank in existence in India is the State Bank of India. In 1935, Reserve Bank of India formally took over these responsibilities from the then Imperial Bank of India, relegating it to commercial banking functions. [...]]]> http://indiafascinates.com/banking/banks-in-india/feed/ 2