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2 mins read

UPI Lite wallet limit and transaction limits for feature phone users increased

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…

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1 min read

Here’s how Indians paid for non-cash transactions in FY22

Here’s how Indians paid for non-cash retail transactions in FY22.

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1 min read

RBI directs all banks to keep branches open till March 31 for annual closing

The central bank has written a letter to all the agency banks that they should keep their designate…

ANI   


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3 mins read

What is difference between RTGS and NEFT payments

A bank account is important for everyone. And in recent times, the government has been boosting up …

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1 min read

Bank NEFT transfers will be down for 14 hours on May 23

If you planning an online money transfer using the banking system between Saturday midnight and Sun…

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3 mins read

Paying credit card bills on the last due date will no longer cost you late payment charges — thanks to round-the-clock NEFT

Those who use credit cards know that there is nothing like a last-minute payment. Most of the pay…

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1 min read

RBI Says NEFT Transactions Can Be Done 24 X 7 From December 16, 2019

At present, the NEFT transactions booked beyond the working hours of the banks will be complet…

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1 min read

NEFT can be done round the clock now, says RBI

The Reserve Bank of India said the National Electronic Funds Transfer would be available round th…

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1 min read

Online fund transfers via NEFT and RTGS to cost less as charges are removed

“In order to provide an impetus to digital funds movement, it has been decided to do away with t…

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2 mins read

NEFT transactions to be available 24x7 from Dec 16

Mumbai, Dec 6 () In a bid to promote digital transactions, the RBI on Friday said round-the-clock t…

PTI   


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4 mins read

New Banking, Insurance and Finance rules that will come into effect starting 1st January - Here's how they will affect you and what you need to know

The Reserve Bank of India (RBI) is the authority that issues the rules and regulations that govern …

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1 min read

India’s largest bank SBI waives off charges on NEFT, IMPS and RTGS

India’s largest public sector bank, State Bank of India (SBI) has waived off charges on National El…

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2 mins read

RBI moves to make online bank transfer cheaper, to review ATM charges

“In order to provide an impetus to digital funds movement, it has been decided to do away with t…

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3 mins read

Crypto Angadias: RBI's crypto ban might incentivise human tellers for cryptocurrency transactions

When online poker first flourished in India, many players couldn't transfer money from their poker …

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1 min read

This fintech startup undergoes a revamp to cash-in post demonitization

In its new avatar, Razorpay 2.0 is trying to resolve all business problems related to the B2B payme…

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2 mins read

LIC sets record on claims front, settles 99.92 per cent cases

"LIC has settled 99.92 per cent of death claims in 2016- 17, which is undoubtedly one of th…

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2 mins read

How viable are payments banks in India?

In a release addressed to media, Sharma said, “"RBI has given us an opportunity to create a new…

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1 min read

Cyber frauds increased after growth in mobile banking, NEFT and RTGS

The number of cyber frauds in India has spiked as more people start using mobile banking, NEFT and …

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2 mins read

Russia could merge state-run oil companies to make the world's 2nd largest producer, report says

A deal to combine three of Russia's biggest oil firms would create the biggest producer in the worl…

Kelly Cloonan   


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2 mins read

You can let your family members use your UPI account for payments, RBI introduces delegate payments

The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…