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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

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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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

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

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

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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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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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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2 mins read

A methane well that leaked for 6 months has released a year's worth of emissions for 791,000 cars: report

The well leak, which lasted from June to December 2023, is estimated to have released 140,000 tons …

Matthew Loh   


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2 mins read

Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign exchange transactions

The Delhi High Court on Monday sought a response from the Reserve Bank of India (RBI) on a Public I…

ANI   


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IDFC First Bank announces zero-free banking on savings accounts

The Bank has waived off fees on 25 commonly-used banking services related to savings accounts such …

ANI   


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1 min read

After Coinbase disables UPI payments, CoinSwitch Kuber halts rupee deposits

CoinSwitch Kuber, the popular crypto trading platform has completely halted rupee deposits on its p…

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2 mins read

Paytm makes it easier to pay credit card bills – here are five reasons why you should be using it

The app will ask you to enter the credit card number when you make a payment the first time, b…

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3 mins read

Adding money to your Paytm wallet can’t get easier than this

Contactless payments have grown 6x in the last few years. And if there’s one player which has had a…