New Delhi, Apr.12 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan has warned the public to be careful and cautious with regard to fictitious e-mails being sent in the central bank's name demanding money.
Rajan said that the RBI does not send e-mails asking for payments.
Maintaining that the RBI is in a healthy fiscal state with about 360 billion dollars worth of foreign exchange reserves and about Rs.8 lakh crore of government bonds, he said the central bank really did not need the public's money.
Rajan was speaking after launching the Unified Payments Interface (UPI) system in Mumbai.
The UPI will allow users to perform instant push and pull transactions.
The general public, he said, must immediately delete or junk all e-mails requesting for money using the name of RBI, he said.