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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…
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.
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
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…
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…
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…
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
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 …
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…
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…
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 …
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…
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…
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…
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 …
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
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…