SBI UPI down: Downdetector shows a steep jump in the number of complaints, including over 500 payment issue-related complaints reports for ...

NEFT, RTGS rule change: There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to ...

HDFC Bank has scheduled maintenance between December 14-15, which will lead to a temporary disruption of various services. HDFC Bank custom...

Money transfer via RTGS, NEFT: The Reserve Bank of India (RBI) has suggested a new functionality that permits remitters using RTGS and NEFT...

In an email to customers, HDFC Bank has said that this mode of money transfer may not be available on Monday, April 1, 2024. The bank has s...

The plea has also sought direction that foreign exchange transactions through Indian banks and foreign bank branches in India must have inf...

In December last year the regulator had said that it will release a discussion paper on various charges levied by banks and institutions fo...

SBI recently announced that it has increased the Immediate Payment Service (IMPS) limit for money transfers done at its bank branches.

The National Payments Corporation of India’s UPI, IMPS and FASTag, and the Reserve Bank of India’s NEFT and RTGS, which is used by business...

According to RBI data, usage of debit cards, the second-most popular payment mode after currency notes, crashed 44% in terms of transaction...

NEFT is central bank-controlled interoperable payment channels used for fund transfer by a customer between different accounts. These trans...

NEFT is a payment system facilitating funds transfers from one bank account to another.

With effect from July 1, 2019, no RTGS, NEFT charges will be levied on customers for transactions done via YONO, Internet banking and mobil...

IMPS offers an instant, round-the-clock interbank electronic fund transfer service that can be accessed through multiple channels like mobi...

IMPS or Immediate Payment Service and NEFT or National Electronic Fund Transfer are modes of settlements for interbank retail payments.

“This is to further promote digital and card payments,” the finance ministry said in a statement, adding that these directions will apply f...

Govt has asked PSU banks to restrict fees on e-payments for a transfer of over Rs 1,000. This direction will apply for all transactions up ...