New IMPS Rule: Transfer up to Rs 5 Lakh, No Beneficiary or IFSC Needed

The process of transferring money through the Immediate Payment Service (IMPS) will…

February 1, 2024: A Quick Take on Key Financial Changes

From February 1, 2024, onwards, new rules will come into effect, which…

UPI Transactions Hit New High of Rs 17.4 Lakh Crore in November ’23

The Unified Payments Interface (UPI) transactions scaled a new high in November…

UPI Fraud: Centre Moots Four-Hour Delay for Making Transactions of Over Rs 2,000

The government is reportedly mulling over a new process that will likely…

Money Transfer Options in Net Banking

Net banking or Internet banking is a convenient service that allows customers…

PFRDA Issues New Rules for NPS Contributions

The Pension Fund Regulatory and Development Authority (PFRDA), to support Point of…

Finance Ministry: No Plan to Impose GST on UPI Services

The Ministry of Finance (MoF) has clarified that they are not planning…

RBI Allows Transfer of Rs.5 Lakh through IMPS

The Governor of the Reserve Bank of India (RBI) announced on 8…

RBI Now Allows NEFT and RTGS Transactions via Mobile Wallets

In the recent Monetary Policy Review, the Reserve Bank of India (RBI)…
RBI

RBI extends digital payments facilities round the clock

Given the coronavirus pandemic and to ensure safe banking, the Reserve Bank…