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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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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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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   


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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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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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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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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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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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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

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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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…

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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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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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RBI reiterates usage of digital modes for banking transactions

The use of digital payment modes has become more important as the ongoing nationwide lockdown, imp…

PTI   


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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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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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3 mins read

India’s first mobile bank with zero-fee online transactions and no minimum balance is on your Paytm app

Business Insider spoke to Renu Satti, CEO, Paytm Payments Bank who reaffirmed the company’s commitm…