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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
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…
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 …
ANI
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…
Paytm se UPI — a nod to cashless economy
Traditional methods of fund transfer, such as Immediate Payment Service (IMPS), Real Time Gross Set…
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…
RBI starts publishing daily data on select payment systems
The Reserve Bank captures volume and value of transactions undertaken in payments systems operated …
PTI
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 (…
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…
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,…
Customers can access all banking services from Wed evening: Yes Bank
"Outward NEFT/IMPS/RTGS will resume from March 18, 2020, 18:00 hours. The limits for transactions …
PTI
RBI Rs 500 cr fund to promote digital payments in small towns, NE states
Beginning June 3, the RBI has started publishing data on volume and value of transactions undertak…
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
HDFC, ICICI ask customers to go digital amid coronavirus outbreak
"For the same reason, our contact centre will also function with reduced staff. We urge you to sta…
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
Banks' special clearing operations for closure of govt a/cs to be carried out on Tuesday: RBI
"It is mandatory for all banks to participate in the special clearing on March 31, 2020. All membe…
PTI
Customers must brace for a very long weekend ahead at India's government banks
Here is how banking services will be affected during and after the bank strike this weekend
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…