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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…
A railway official was duped out of Rs 9 lakh by ‘CBI agents’ in a bizarre 20-hour video call scam with an ‘online judge’ — here’s what happened
A senior railway official in Mumbai was defrauded of Rs 9 lakh by scammers posing as CBI officers.
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…
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 …
RTGS will be available 24/7 starting December this year
In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on a 24x7…
PTI
RTGS fund transfer system will be available 24x7 in the next few days, says RBI
Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a wee…
PTI
UPI transactions drop in March, RTGS shoots up due to lockdown
The NPCI data on IMPS (Immediate Payment Service) revealed the number of transactions fell to 21.6…
PTI
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…
RBI to extend RTGS deadline to 6 p.m. from June 1
"It has been decided to extend the timings for customer transactions (initial cut-off) in RTGS …
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…
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…
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…
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 …
Customers at several small-sized banks affected as tech provider C-Edge suffers ransomware attack
The issues are being faced for the last two days after the discovery of a breach of the system…
PTI
RBI asks card network to restrain unauthorised commercial payment system
The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable …
ANI
UPI transactions worth ₹18.2 lakh crore made in February 2024
Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…
ANI
RBI allows banks to issue RuPay prepaid forex cards
By promoting electronic payments, RuPay aligns with the Reserve Bank of India's goal of fostering a…
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
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
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 …