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What Rakhi Symbolizes Rakhi is celebrated across India and many parts of the world. It symbolizes · Love and protection · Mutual respect · Emotional Bonding · Support and affection Mythological Origin of Rakhi It's believed to have originated thousands of years ago which is mentioned in multiple mythological texts and stories. They include Draupadi and Lord Krishna The most famous Raksha Bandhan story comes from Mahabharata. According to it once when Lord Krishna injured his finger using Sudharshana Chakra. On seeing this, Draupadi, the wife of Pandavas tore her saree and tied around Lord Krishna's finger to stop the bleeding. Touched by this gesture, Lord Krishna promised to protect her. When Draupadi was humiliated by Kauravas, Lord Krishna's divine intervention protected her - Krishna fulfilled his vow of protection.