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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…
Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank a/cs
The bank on Tuesday allowed inward IMPS and NEFT services to enable its customers to make payments…
PTI
Mobile wallet for government services will be a reality soon
As of now, most government payments and receipts are done either through cash or cheque. However, u…
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
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
Paytm se UPI — a nod to cashless economy
Traditional methods of fund transfer, such as Immediate Payment Service (IMPS), Real Time Gross Set…
Central bank digital currencies could save global corporations $100 billion per year, JPMorgan says
The 35-page report looked into a CBDC network that operates 24/7 and focused on Southeast Asia, whi…
Isabelle Lee
Banks in India are reportedly softening their stance on crypto trading
Banks allowing for crypto transactions may not entirely have to do with them becoming crypto…
Unocoin launches deposits via UPI wallet to buy and sell Bitcoins and other cryptocurrencies on the platform
To trade on the Unocoin platform, a minimum top-up of ₹1,000 is required. The maximum that the u…
INTERVIEW: Here’s why this cash management firm is going for an IPO when Indians are being pushed to go cashless
Mumbai-based cash management company CMS Info Systems that has opened its initial public offering (…
Users not able to deposit money on Indian crypto exchanges right now, as banks get cold feet
“If you make any INR deposit via IMPS/NEFT/RTGS to our PayTM Bank account after 11:59 p.m IST,…
RBI cuts money market trading hours by half to reduce stress on its staff
All markets operations including term money, market repo and tri-party repo in government securi…
Dogecoin surge sends WazirX servers panting for help – users report failed transactions, delays in orders
The Dogecoin frenzy has left one of India’s largest cryptocurrency exchanges panting for breath, wi…
Bank of Baroda completes IT integration with 132 branches of erstwhile Vijaya Bank
"We took an incremental approach for migration. As a test case, we first migrated one branch of Vij…
PTI
Coronavirus: Wash hands after handling currency notes, appeals IBA
Assuring that IBA and all its member banks would provide uninterrupted banking services, it appeal…
PTI
Customers deposits absolutely safe, bank in talks with investors, says RBI-appointed admin
Troubles at new-generation private sector started brewing up ever since the the Reserve Bank denied…
PTI
FIEO to urge RBI to shift exporters' Yes Bank Nostro account to other banks
"We are taking up with the RBI that payment pending in Nostro account of Yes Bank or to be receive…
PTI
Coronavirus: EPFO advises beneficiaries to not to visit its offices
Similarly, a pensioner can download his/her pension payment order (PPO) or preserve it in Digilock…
PTI
Where we can get fastag card and what are the charges of this card
FASTag can be got from any toll plaza or from different issuer agencies like banks. Some banks…