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…

RBI Allows Transfer of Rs.5 Lakh through IMPS

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

The Income Tax e-Filing Portal Will Be Down From June 1 to 6

The income tax department has announced that they will launch a new…

RBI Now Allows NEFT and RTGS Transactions via Mobile Wallets

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

RBI Introduces Legal Entity Identifier (LEI) for Large Value Transactions

Legal Entity Identifier (LEI) is a unique 20-digit number used for identifying…

RBI Announces Real-Time Gross Settlement System to be Available 24*7

The Reserve Bank of India (RBI) on Friday, decided to make the…

Can Electronic Clearing Service Make Finance Management Easier?

You may have come across the automatic debiting system from your bank…
RBI

RBI extends digital payments facilities round the clock

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

RTGS/NEFT charges removed by RBI to increase online transactions

Charges on fund transfer through NEFT or RTGS have been removed by…