CURRENT AFFAIRS : BANKING & FINANCE
RBI issues updated list of entities not authorized to deal in forex transactions
- The Reserve Bank of India (RBI) updated its ‘Alert List’ for the public on unauthorised forex trading platforms by adding 8 more entities taking the total to 56.
- The names added are:
- QFX Markets
- WinTrade
- Guru Trade7 Limited
- Bric Trade
- Rubik Trade
- Dream Trade
- Mini Trade
- Trust Trade.
- The list aimed to raise awareness and protect individuals from fraudulent entities operating in the forex market.
