UPI processes 85% of India's payment volumes but just 9.5% of value; RTGS dominates at 68.6%UPI processed most payment transactions in India by volume in late 2025. RTGS handled significant value with low volume. NEFT offered versa...
Bandhan Bank rolls out premium services for NRIsBandhan Bank has launched new premium savings accounts – Elite, Elite Plus, and Legacy – for Non-Resident Indian (NRI) customers. These acc...
Saturday bank holiday: Are banks open or closed today on May 2, 2026?Banks in India are not open on all Saturdays. So anyone willing to complete their bank work today (Saturday, May 2, 2026) must check if ban...
Why UAE left OPEC and what it means for global oil prices and supplyThe United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...
New senior citizen bank account with doorstep banking and healthcare benefits launched by Bank of Baroda; Know the detailsBank of Baroda has introduced a new premium savings account for senior citizens. The 'bob Senior Citizen Vishesh Samman' account offers hea...
Pay Point India becomes first fintech to join RBI's Centralised Payment SystemWith this membership, Pay Point India now has direct access to key payment systems—Real Time Gross Settlement and National Electronic Funds...
Saturday bank holiday today: Are banks open or closed today on April 11, 2026?Bank holiday today: It is important to note that banks in India observe a standardised holiday schedule that includes all Sundays, the seco...
Deposited Rs 80 lakh cash during demonetisation: ITAT rejects property purchase claim, calls it unexplained incomeA Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...
Did you donate to a political party or plan to do so in the future and claim an income tax deduction? New ITR forms require extra disclosure, check what to reportNew income tax return forms for Assessment Year 2026-27 demand greater detail on political party donations. Taxpayers seeking deductions un...
ITR filing: 4 disclosures you need to be ready with in new financial yearIndia’s tax department has rolled out updated ITR forms for FY 2025–26, introducing tighter disclosure norms while keeping the overall stru...
Is UPI down? SBI, UCO Bank, other bank users report payment issuesSBI UPI down: Downdetector shows a steep jump in the number of complaints, including over 500 payment issue-related complaints reports for ...
NEFT, RTGS charges: SBI vs HDFC Bank vs ICICI Bank vs PNBBanks do charge for transactions conducted in branches. NEFT and RTGS fees charged by banks such as SBI, HDFC Bank, ICICI Bank, and Punjab ...
LIC asks policyholders to update bank details for easy claim process: Here’s how to register for NEFT mandateIf you are receiving annuity payments through ECS, you can choose to receive them via NEFT by submitting a mandate, or you can continue to ...
Transfer money via NEFT 24x7 from Dec 16; from Jan 1 it will be free of cost. Here's all you need to knowNEFT allows individuals, firms, corporates to transfer money from one bank branch account to another one anywhere in the country. Earlier, ...
Transfer funds via NEFT 24X7 from December 2019NEFT is a payment system facilitating funds transfers from one bank account to another.
Fund transfers via RTGS, NEFT to cost less from July 1Country's largest bank SBI charges between Re 1 and Rs 5 for transactions through NEFT and between Rs 5 and Rs 50 for RTGS route.
RBI directs banks to follow NEFT guidelines strictlyThe Reserve Bank today directed banks to strictly follow guidelines on NEFT, an online inter and intra bank fund transfer.